On October 11th, analyst Willy Woo commented on the recent increase in the settlement value of Bitcoin on Twitter. He said that the transaction volume on the Bitcoin blockchain dwarfs Visa and Mastercard. Bitcoin currently executes 19 per second. 10,000 U.S. dollars, while Visa and Mastercard are 130,000 U.S. dollars and 55,000 U.S. dollars per second respectively, which does not include the Lightning Network.
Willy Woo: Bitcoin’s transaction volume far exceeds Visa and Mastercard