Stablecoin Transaction Volume Hits New Record in July 2026

馃挵 Stablecoins break records again

By Circle
Jul 9, 2026, 2:37 PM
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Stablecoin transaction volumes reached another all-time high in July 2026, continuing a trend of sustained growth in onchain money movement.​

  • USDC remains a dominant force in facilitating 24/7 value transfers across blockchain networks
  • This marks the second consecutive month of record-breaking adjusted transaction volume
  • The growth builds on an 83% increase in stablecoin activity between mid-2024 and mid-2025

USDC's market capitalization has shown significant expansion, nearly doubling year-over-year from $28.​5B to over $56B.​ The data suggests stablecoins are becoming increasingly central to the digital economy's infrastructure, enabling continuous cross-chain value movement as adoption accelerates.​

Sources

Another record month for adjusted stablecoin transaction volume. USDC continues to play a major role in powering always-on money movement across the onchain economy.

Zach Pandl
Zach Pandl
@LowBeta

June 2026 was another record month for stablecoin transaction volume (according to the Allium measure), just ahead of February 2026

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