Stablecoins Surpassing Visa: What Comes Next?
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Stablecoins are no longer a crypto niche but have become the infrastructure layer powering the next generation of global payments. Over the past year, the stablecoin market cap has doubled to $232 billion, with transaction volumes tripling to eclipse Visa’s network. Tether (USDT), USD Coin (USDC), and PayPal’s PYUSD dominate transaction flows, while new stablecoins continue to enter the market, targeting specific regions and user segments. These developments confirm stablecoins’ evolution into foundational payment infrastructure.
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