A closer look at “Stablecoin supply stalls, but payments jump 45% to $482 billion as Visa, Mastercard and St”, exactly as the source publishes it. Stablecoin payment volumes have surged 45% this year to $482 billion, according to data from blockchain analytics firm Allium, even as the total supply of stablecoins has remained flat. The growth is being driven by a sharp increase in card spending and the integration of crypto rails by major payment networks including Visa, Mastercard, and Stripe.
These companies are enabling merchants and consumers to settle transactions in stablecoins while converting to fiat currency, bridging the gap between digital assets and everyday commerce. The jump in payment activity, rather than supply expansion, signals that stablecoins are being used more frequently for real-world purchases rather than just as a store of value or trading collateral. The full version stays on the original page, which this listing opens directly.