Stablecoin Volumes Hit $2.5T as Supply Peaks – But Fragmentation Persists: Chainalysis Report

Stablecoin volumes and supply have reached new highs, led by USDT and USDC. Chainalysis has reported strong gains for EURC, PYUSD and DAI. Payments firms such as Stripe, Visa and Mastercard have supported spending, while Ripple has positioned RLUSD for enterprise settlement and liquidity.