Stablecoin Adjusted Transaction Volume Hits Record $1.79 Trillion in June
Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, up 63% from May and 125% year-over-year, according to Visa's Allium analytics. USDC dominated with 67% of the volume.
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According to Visa’s Allium analytics panel, adjusted stablecoin transaction volume hit an all-time high of $1.79 trillion in June. This marks a 63% increase from May’s $1.1 trillion and a 125% surge versus the same month last year.
June's figure narrowly surpassed the previous record of $1.78 trillion set in February. The bulk of the volume came from Circle’s USDC, accounting for approximately $1.21 trillion (67%). Tether’s USDT contributed $576 billion (32%), while PayPal’s PYUSD ranked third with $2.42 billion.
Source: ForkLog