Stablecoins Are Eating Payments

$200B in supply, trillions in annual volume — stablecoins quietly became crypto's killer app.

Marcus Lin2026-02-096 min read

Introduction

If Bitcoin is digital gold, stablecoins are digital dollars — and they have found product-market fit at scale.

Volume That Rivals Card Networks

Annual transfer volume now exceeds Visa's settlement layer.

Stablecoins Are Eating Payments — chart — Editorial illustration for DeFi coverage.

Tron and Ethereum dominate, but L2s are catching up fast.

Conclusion

Stablecoins are how crypto wins users who don't care about crypto. That's a feature.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

#stablecoins#payments

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