Stablecoin payment volume grew 45% year-to-date to $482 billion, while circulating supply increased by just 0.4%.
Source：
www.coindesk.com
According to CoinDesk, data from blockchain analytics firm Allium shows that stablecoin payment volume reached $482 billion in the first nine months of 2026, up 45% year-on-year, with transaction count growing 71% to over 1 billion. During the same period, the total circulating market cap of stablecoins stood at approximately $305 billion, increasing by just 0.4% year-to-date. Spending on stablecoin-linked bank cards reached $3.9 billion, a tenfold increase year-on-year, with payments under $50 accounting for 84% of the new card transactions.
