Stablecoin payment use also remained elevated, with salary-related transfers topping $1.6 billion and retail peer-to-peer volumes reaching $803 million near record highs.
Solana retained the top position in USDC activity for a seventh straight week after processing 22.7 million transactions last week. The same dataset showed stablecoin use staying strong in payments, with salary-related transfers exceeding $1.6 billion and retail P2P (peer-to-peer, direct user-to-user) transfers reaching $803 million, both near record highs. The figures point to continued demand for stablecoins in both blockchain-based transaction activity and everyday payment flows.