Adjusted stablecoin transaction volume has grown 4 to 5 times since January 2024, while market capitalization only doubled, revealing intensifying circulation. Monthly adjusted volume now exceeds $1 trillion, with each token changing hands over 13 times per quarter on average, compared to 1.65 times for US M1 money supply. USDC dominates adjusted transactions with a 70% share, up from roughly 25% in mid-2024, while USDT retains its lead in outstanding supply. Weekends account for one-fifth of weekly volume, illustrating demand for continuous settlement availability that traditional banking systems do not offer. Visa launched its Stablecoin Platform on July 16, following Stripe and Mastercard in building infrastructure to capture value generated by each transfer.
Source: Read the original article
