Gold retraced to around $4500. Stablecoin transaction volume hit $4.5 trillion in Q1 2026, fueled by Asian markets.
Stablecoin payment volume reached $4.5 trillion in the first quarter of 2026, according to the quarterly tracker from a16z crypto. According to NS3.AI, nearly two-thirds of this volume came from Asia, with significant contributions from Singapore, Hong Kong, and Japan. An IMF working paper linked the passage of the GENIUS Act in the U.S. House of Representatives to an approximate anomalous market cap drop of $22 billion among 35 payment companies, highlighting rising concerns about potential disruptions in traditional payment networks.
Stablecoin payment volume reached $4.5 trillion in the first quarter of 2026, according to the quarterly tracker from a16z crypto. According to NS3.AI, nearly two-thirds of this volume came from Asia, with significant contributions from Singapore, Hong Kong, and Japan. An IMF working paper linked the passage of the GENIUS Act in the U.S. House of Representatives to an approximate anomalous market cap drop of $22 billion among 35 payment companies, highlighting rising concerns about potential disruptions in traditional payment networks.