Bitcoin’s network volume has surpassed PayPal. The network has processed around $489 billion per quarter in 2021, overtaking PayPal’s record by $187 billion. As per the Blockdata report, Mastercard and Visa were significantly ahead of Bitcoin with $1.8 trillion and $3.2 trillion per quarter. However, the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060.