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Stablecoin growth has stalled. The payments boom hasn't

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CoinDesk
By Omkar Godbole
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Stablecoin growth has stalled. The payments boom hasn't
Photo / Coverage: CoinDeskCredit: Omkar Godbole
EXECUTIVE SUMMARY

Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks.

Key Takeaways

  • Stablecoin growth has stalled.
  • The payments boom hasn't.
  • Stablecoin supply has barely grown this year, even as payments using the tokens surge.

Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks.

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