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When it comes to the global cryptocurrency payment sector, where does the most authoritative data come from? BITPAY—the statistics from this world's largest crypto payment gateway—can basically provide the answer.
Why is Litecoin able to sit at the top in the payment field? Simple and straightforward—fast transfer speeds and low transaction fees. These two points are essential in real-world payment scenarios. In comparison, Bitcoin's disadvantages are obvious: long confirmation times and high transaction costs, making it less flexible for daily payments.
What about stablecoins? USDT, USDC, and similar tokens are issued by centralized institutions. On the surface, their value remains stable, but the risks are very real—assets can be frozen unexpectedly. This uncertainty makes many people hesitant in their payment choices, so they won't be the first option for payments.
Based on current data, LTC's adoption rate in payments is unlikely to be overturned. With the remaining time this year, this ranking probably won't change much.