Circle's USDC stablecoin has surpassed $90 trillion in cumulative on-chain transaction volume, capturing 70% of adjusted stablecoin volumes in H1 2026.

Visa data shows stablecoin transaction volume hit a record $1.79 trillion in June, up 63% from May, driven largely by USDC.

Visa's Onchain Analytics reports $1.79 trillion in adjusted stablecoin transaction volume for June, with USDC capturing 67% of activity on Solana and Base.