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Markets

Stablecoin Transaction Volume Hits Record $1.79T in June, Driven by USDC

Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, surging 63% from May’s $1.1 trillion, according to data published by payments giant Visa via its Allium-powered

AnonymousCryptoCompass newsroom
July 6, 2026
1 min read
NEWS
Stablecoin Transaction Volume Hits Record $1.79T in June, Driven by USDC
CryptoCompass editorial visual for markets coverage.

Adjusted stablecoin transaction volume reached a record $1.79 trillion in June, surging 63% from May’s $1.1 trillion, according to data published by payments giant Visa via its Allium-powered onchain analytics dashboard. The figure also beats the previous all-time high of $1.78 trillion set in February 2026, and stands 125% above the same period a year earlier.

Despite Tether’s USDt holding the top spot by market capitalisation, Circle’s USDC dominated actual transaction flow. USDC accounted for roughly 67% of June volume, totalling $1.21 trillion. USDt captured around 32%, or approximately $576 billion. PayPal’s PYUSD ranked third with $2.42 billion for the month.

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