Stablecoin payments reached $482 billion in the first nine months of 2026, up 45% from the comparable period, according to analytics firm Allium. Stablecoin supply grew only 0.4% to roughly $305 billion. Transaction count surged 71% to about 1.04 billion, indicating the increase reflects genuine activity rather than a few large transfers. This trend suggests payment providers are increasingly connecting traditional banking systems to blockchain rails, changing usage patterns without supply growth.
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