I had a look at the second source. It goes to crypto investor A16Z's report, where they are looking at all crypto trading volumes. $46 trillion transaction volu

I had a look at the second source. It goes to crypto investor A16Z's report, where they are looking at all crypto trading volumes. $46 trillion transaction volume but once they remove bots $9 trillion per year. Note that forbes seriously misquotes. A16Z is counting transactions, not payments. They compare it to visa which seems like a rubbish comparison. People use visa to buy things. Crypto trades are much more like forex, and A16Z seems to be measuring crypto for crypto purchases. Global forex volume is about $9 trillion per day. But even that's a poor comparison as most people trade forex to DO stuff with the other currency. Crypto is largely traded to trade crypto. As for payments, supposing we take $136 billion cumulative lifetime payments as accurate. Mckinsey reports that global annual payments are $2 quadrillion dollars per year. The crypto industry LOVES to throw big numbers around and tell tales of use cases just around the corner but the majority of actual use cases still seem to be skirting regulations.