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Stablecoins Surpass $9 Trillion in Transaction Volume, Rivaling PayPal and Visa.
ByAinvest
Thursday, Oct 23, 2025 12:28 am ET1min read
Stablecoin transactions reached $46 trillion in 2025, a 106% increase from the previous year, according to Andreessen Horowitz's State of Crypto 2025 report. Stablecoin transaction activity approaches that of the US Automated Clearing House (ACH) network and processed $9 trillion in the past 12 months, rivaling global giants like PayPal and Visa. Tether (USDT) and USD Coin (USDC) dominate with an 87% share of circulating supply.
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