USDC stablecoin transaction volume surpasses Tether as June hits record $1.79 trillion
By
Olivier Acuna
Summary
Circle's USDC stablecoin surpassed Tether's USDT in transaction volume during the first half of 2026, according to Visa's onchain dashboard. In June 2026, adjusted stablecoin transaction volume hit a record $1.79 trillion, up 63% from May and 125% year-over-year. Visa's data filters out bot activity and non-economic transfers. The surge is driven by Wall Street banks adopting digital currencies for faster settlements.
Source
bskyUSDC stablecoin transaction volume surpasses Tether as June hits record $1.79 trillioncoindesk.comKey quotes
· 3 pulledCircle's USDC stablecoin widened its lead over competitor Tether's USDT by transaction volume during the first half of 2026, according to fresh data from Visa's onchain dashboard.
In June alone, stablecoin activity increased to a record $1.79 trillion in adjusted transaction volume, up 63% from May's $1.1 trillion and 125% from about $795 billion in June 2025.
Visa removes bot activity, exchange transfers and other blockchain transactions that do not reflect real economic activity before calculating adjusted volume.
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