Stablecoins Are Becoming Payment Infrastructure: How Visa, Banks, and Crypto Firms Are Rebuilding Global Payments
Stablecoins have moved from trading tools into the operational backbone of global payments. In the first half of 2026, adjusted on-chain volumes reached $8.82 trillion, with June alone hitting a record $1.79 trillion, according to Visa’s analytics. Market capitalization stabilized near $300–322 billion, dominated by USDT and USDC. Traditional networks and banks no longer treat…