BitPay Says It Processed Over $1 Billion in Crypto Payments Last Year

U.S.-based crypto payments processor BitPay says it processed over $1 billion-worth of transactions last year.

Announcing the news on Wednesday, the firm said this the second consecutive time it’s reached the billion-dollar mark in its over seven years of existence.

“To process over a $1 billion for a second year in a row despite bitcoin’s large price drop shows that bitcoin is being used to solve real pain points around the world,” said Stephen Pair, BitPay co-founder and CEO.

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