Buckle Up, Visa: Stablecoins Process $800 Billion In Transactions Per Month, Report Finds
Stablecoins are now facilitating nearly $800 billion in digital transactions each month, positioning themselves as credible challengers to traditional payment networks like Visa (NYSE:V), according to Grayscale‘s June 2025 market report.
The surge in usage is occurring alongside a wave of favorable regulatory developments and growing corporate interest in stablecoin infrastructure, prompting what some have dubbed “Stablecoin Summer.”
What Happened: Grayscale’s data reveals that stablecoins, blockchain-based digital dollars typically backed by cash or short-term U.S. Treasuries, have rapidly scaled into one of the most used components of crypto infrastructure.
“Estimates from Visa and crypto data specialists suggest stablecoins are used for about $800 billion in digital transactions per month,” the report said.
For comparison, Visa processed approximately $1.1 trillion in monthly payment volume …