More than 90% of stablecoin transaction volumes are not from genuine users, challenging the idea that stablecoins are ready to revolutionize the payment industry. Visa's data suggests that stablecoins are still in a nascent stage and need improvement to become widely accepted.
Multiple states experienced disrupted services at DMV offices due to a national outage in cloud connectivity, halting license-related transactions for a few hours. The issue was resolved, and services were restored by the afternoon.