Visa crypto chief bets on stablecoin settlement, sees volumes growing

That won't be the case for long, see here for some quick bites in case you are interested: https://www.growthepie.com/quick-bites/ethereum-scaling

Ethereum is on a clear path to scale. Over the next six years, Ethereum Mainnet throughput is expected to surge toward 10,000 transactions per second (TPS) - roughly 1 gigagas per second - while Layer 2s (L2) collectively push the ecosystem toward million-TPS capacity.

For example, one of the Ethereum L2 rollups mentioned, MegaEth, is expected to have mainnet launch date this month after a 35k TPS stress test.

How?

Ethereum's strategy combines multiple approaches to sustainably increase capacity while preserving its core principles:

• EIP-7938 (Dankrad Feist) - proposes a default, exponential gas-limit growth schedule where clients vote automatically to increase L1 capacity over time (subject to coordination and override). Read the spec here.

• Lean Ethereum (Justin Drake) - a design philosophy to streamline consensus, data, and execution, leveraging DAS and real-time zkVMs for “beast mode” performance while staying verifiable. More.

• More EIPs - parallel efforts improve execution, networking, and data availability. Slide overview [<- google docs alert].

The aim isn't raw TPS alone - it's sustainable, decentralized scale that remains easy to verify.

I didn't mean for everything, I meant if crypto could ever fix its shit it could be a useful tool for folks affected by the issues with payment processors

But it would have to be stable in value, not suck for making transactions, and not be wildly wasteful