Crypto’s $300 billion stablecoin supply is increasingly used as ‘everyday money,’ global study finds

A comprehensive global study has revealed that the total supply of stablecoins has reached a milestone of $300 billion, with these digital assets increasingly functioning as ‘everyday money’ rather than merely tools for cryptocurrency trading. The report highlights a significant shift in user behavior, as dollar-pegged tokens like USDT and USDC are now widely utilized for cross-border remittances, payroll, and retail payments. This trend is particularly pronounced in emerging markets across Latin America, Africa, and Southeast Asia, where high inflation and limited access to traditional banking drive demand for stable digital dollars. Data indicates that active wallet addresses and peer-to-peer transaction volumes have reached record highs, suggesting that stablecoins are successfully bridging the gap between decentralized finance and the real-world economy. As regulatory frameworks become clearer and payment giants continue to integrate blockchain technology, the study concludes that stablecoins are poised to become a mainstream medium of exchange in the global financial system.

Source: Crypto’s $300 billion stablecoin supply is increasingly used as ‘everyday money,’ global study finds