Allium: Stablecoin payment volume rose 45% to $4820 billion in the first three quarters, while supply increased by only 0.4%
The latest Allium report shows that stablecoin payment volume increased by 45% to $4820 billion from January to September this year. The number of payment transactions rose 71% to 1.04 billion, and the average transaction value dropped from $544 to $462. Over the same period, stablecoin supply increased by only 0.4% to reach $3050 billion. Payment volume in the third quarter posted a 51% year-on-year growth, with September payment volume hitting a new monthly high of $72 billion. On the supply side, the circulating supplies of Tether, Circle and Ethena have all declined this year, while other issuers recorded a combined net increase of $6.9 billion. In the third quarter, the number of AI agent payment transactions doubled to 68.3 million, and stablecoin card spending surged 10-fold to $3.9 billion.
Source: PANewsRead original
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