Everyday payments have emerged as the most rapidly expanding application for stablecoins, distinctly surpassing trading and DeFi in user adoption. Insights from @Paymentscan indicate that card purchases funded by stablecoins roughly tripled in the past year, culminating in $1.227B in transaction volume across 11.7M individual card swipes in September alone, which equates to an average of about $105 per purchase.
USDC and USDT hold the vast majority of this market share, while the euro is also gaining traction through EURC, albeit at a much earlier developmental stage.
You can examine these payment trends alongside comprehensive data on the broader ecosystem by viewing DIA's Global Stablecoin Map.
USDC and USDT hold the vast majority of this market share, while the euro is also gaining traction through EURC, albeit at a much earlier developmental stage.
You can examine these payment trends alongside comprehensive data on the broader ecosystem by viewing DIA's Global Stablecoin Map.