Circle’s $USDC Stablecoin has widened the hole with competitor Tether $USDT Based mostly on transaction quantity within the first half of 2026, in line with the newest information from Visa’s on-chain dashboard.
In June alone, stablecoin exercise elevated to a document $1.79 trillion in adjusted buying and selling quantity, a rise of 63% from $1.1 trillion in Could and 125% from roughly $795 billion in June 2025. Visa removes bot exercise, overseas alternate transfers, and different blockchain transactions that don’t replicate actual financial exercise earlier than calculating adjusted transaction volumes.
These numbers come as banks and different monetary establishments develop their use of stablecoins in funds, settlements, and treasury operations. Normal Chartered and BNY not too long ago added companies round Circles $USDC This additionally displays a broader shift in the direction of the usage of established stablecoin networks as exercise and demand for fiat-pegged digital property will increase.
Adjusted stablecoin buying and selling quantity within the first six months of this 12 months totaled $8.82 trillion. That is greater than the $5.8 trillion recorded by 2024 and $2 trillion lower than the $10.8 trillion recorded in 2025.
$USDC It accounted for roughly 70% of adjusted buying and selling quantity within the first half of 2026. $USDT It accounts for roughly 25%.
