Stablecoin Payment Adoption Outpaces AI-Driven Growth

The rise of stablecoins in the cryptocurrency market has been fueled by their growing adoption for practical applications such as payments and money transfers.

As a result, the supply of USDC has increased significantly, with nearly $78 billion in circulation, nearing its all-time high. This trend is attributed to the increasing use of stablecoins for payment-related activities rather than speculative trading.

The integration with payment networks has played a crucial role in accelerating this trend. Visa now supports over 130 cards linked to stablecoins across more than 50 countries, processing around $4.6 billion in settlements annually.