Stablecoins Outpace PayPal and Visa in Monthly Transaction Volume
Stablecoins have eclipsed traditional payment giants PayPal and Visa in monthly transaction volume, underscoring their growing dominance in global digital payments. On-chain data reveals a staggering $111.7 billion in stablecoin transactions, dwarfing Visa's $43.3 billion and PayPal's $4.6 billion. This milestone signals a seismic shift toward blockchain-based settlements for cross-border transfers and routine commerce.
The sector's expansion is further evidenced by a 64.1% monthly surge in adjusted stablecoin transaction volume, reaching $3.3 trillion. Network participation continues to accelerate, with active addresses climbing 3.6% to 44.8 million. These metrics cement stablecoins' position as the backbone of on-chain economic activity, outpacing legacy financial infrastructure in both scale and innovation.