Stablecoins Facilitated $35 Trillion in Transactions, but Minimal Real-World Use

Despite massive on-chain movement, only $380 billion of stablecoin transfers went toward real-world payments, accounting for 0.02% of global payment activity.

Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset like the US dollar, designed to reduce price volatility.
  • Global Payment Volume: The total value of financial transactions processed across all payment systems worldwide in a given period.