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Binance Pay Transactions Hit $72.4 Billion as Crypto Adoption Accelerates

  • The number of Binance Pay users tripled from the previous year, reaching 41.7 million.
  • The total transaction volume processed through Binance Pay in 2024 stood at $72.4 billion, a significant increase from $2.5 billion in 2021.
  • Stablecoins, particularly Tether (USDT), dominated Binance Pay transactions, accounting for 80% of the total payment volume.
  • Binance Pay's expansion aligns with the increasing role of crypto in everyday transactions and the overall growth of the crypto market.

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