Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash
60-second summary
Allium reports stablecoin payments reach $482 billion year‑to‑date, a 45 % surge driven by rising card usage and major processors Visa, Mastercard and Stripe launching crypto‑to‑cash rails. The influx of fiat‑linked transactions fuels demand for stablecoins, boosting their utility despite stagnant overall supply, and signals broader mainstream adoption that could lift market liquidity and valuation.
Analytics firm Allium said stablecoin payments hit $482 billion this year so far, up 45%, as card spending surges and global payment firms add crypto rails.