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TechFlow news: Cuy Sheffield, head of Visa's crypto business, highlighted Solana blockchain's advantages in micropayments during Solana Breakpoint Singapore. Sheffield noted that 65% of stablecoin transactions on the Solana network are under $100. At the same time, he stated that the Ethereum network is not cost-effective for handling frequent small-value transactions.
Visa's head of crypto, Cuy Sheffield, highlighted Solana blockchain's advantages in microtransactions at Solana Breakpoint Singapore. Sheffield noted that 65% of stablecoin transactions on the Solana network are under $100. At the same time, he stated that the Ethereum network is not cost-effective for handling frequent small-value transactions.
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