Stablecoins, particularly USDT and USDC, now account for nearly 50% of the total transaction volume among major crypto assets, highlighting their crucial role in providing liquidity and stability to the market.
USDC has surpassed USDT for the first time in facilitating large money transfers valued at $100,000 or more, indicating its growing influence in this category.
Stablecoins recorded an impressive $8.5 trillion in transactions in Q2 2024, outpacing traditional payment giant Visa's $3.9 trillion, showcasing their ability to compete with established payment systems.
Stablecoins are experiencing steady growth in monthly users, signaling their resilience and paving the way for broader mainstream adoption in the global payment landscape.