Stablecoin payments reach $482 billion as Visa, Mastercard, and Stripe expand their crypto payment systems.
Stablecoin payment volume has reached $482 billion so far this year, up 45%, according to analytics firm Allium, despite an overall slowdown in stablecoin supply growth.
The increase is driven by growing card spending linked to stablecoins and the continued expansion of crypto payment infrastructure by major financial networks. Visa, Mastercard, and Stripe have added integrations that connect stablecoins to traditional payment systems, widening access for both consumers and merchants.
The data point to a growing gap between stablecoin issuance growth and actual transaction activity, suggesting that existing supply is being used more efficiently rather than simply accumulating on the blockchain.
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