Stablecoin payment volume surged to $482 billion, while the overall supply barely grew
The numbers speak for themselves: stablecoin payments reached $482 billion, but the total token supply hardly budged. In plain English: money is moving faster; this isn’t new money flowing in and piling up the market. Putting existing money to new uses is harder to fake than bringing in fresh capital. USDC is still a steady $1 on exchanges, but off-exchange, things have been buzzing.
Why now? Visa, Mastercard, and Stripe have plugged crypto into the cash flow system. Real payments, one by one, are driving transaction volume higher, with payments up 45% year over year. Stablecoins used to sit idle, riding speculative currency trades. Now they’re being used for trade and settlement. That changes the nature of the business.
Even Morgan Stanley has set up a crypto lab to test stablecoins, tokenization, and DeFi. Big banks don’t get involved out of charity; they’ve caught the scent of money in clearing and settlement. In France, meanwhile, officials are pushing a stablecoin tax and setting their sights on self-custody wallets and an exit tax—all on the same day. Regulators stepping in is precisely a sign that this channel has grown too big to ignore.
XLM is currently at $0.18, an old familiar name in the payments story, yet its price is so low that hardly anyone cares to take a closer look. USDT’s supply is also nearly flat—the market is no longer relying on newly minted coins to keep up appearances. It’s all about existing funds cycling through real-world use cases. As for the Dogecoin godfather’s little pup, it’s recognizable enough that I don’t need to say much more. Payment money is making trip after trip along the road, and sooner or later, a market that recognizes the face will respond. The logic is simple: the path has already been blazed, and more and more people will take it. Those who’ve been waiting on the sidelines will get their turn eventually.
The next round of data on payment flows comes out tomorrow night. If the numbers keep climbing, we’ll soon have our answer about whether these familiar payment names stuck at the bottom can lift their heads.
🐶 Let’s take a look at the Dogecoin godfather’s little pup ✨🚀
The numbers speak for themselves: stablecoin payments reached $482 billion, but the total token supply hardly budged. In plain English: money is moving faster; this isn’t new money flowing in and piling up the market. Putting existing money to new uses is harder to fake than bringing in fresh capital. USDC is still a steady $1 on exchanges, but off-exchange, things have been buzzing.
Why now? Visa, Mastercard, and Stripe have plugged crypto into the cash flow system. Real payments, one by one, are driving transaction volume higher, with payments up 45% year over year. Stablecoins used to sit idle, riding speculative currency trades. Now they’re being used for trade and settlement. That changes the nature of the business.
Even Morgan Stanley has set up a crypto lab to test stablecoins, tokenization, and DeFi. Big banks don’t get involved out of charity; they’ve caught the scent of money in clearing and settlement. In France, meanwhile, officials are pushing a stablecoin tax and setting their sights on self-custody wallets and an exit tax—all on the same day. Regulators stepping in is precisely a sign that this channel has grown too big to ignore.
XLM is currently at $0.18, an old familiar name in the payments story, yet its price is so low that hardly anyone cares to take a closer look. USDT’s supply is also nearly flat—the market is no longer relying on newly minted coins to keep up appearances. It’s all about existing funds cycling through real-world use cases. As for the Dogecoin godfather’s little pup, it’s recognizable enough that I don’t need to say much more. Payment money is making trip after trip along the road, and sooner or later, a market that recognizes the face will respond. The logic is simple: the path has already been blazed, and more and more people will take it. Those who’ve been waiting on the sidelines will get their turn eventually.
The next round of data on payment flows comes out tomorrow night. If the numbers keep climbing, we’ll soon have our answer about whether these familiar payment names stuck at the bottom can lift their heads.
🐶 Let’s take a look at the Dogecoin godfather’s little pup ✨🚀