Data: In June, stablecoin trading volume reached a record of $1.79 trillion, a month-on-month increase of 63%

According to Cointelegraph, data from payment giant Visa shows that in June, the adjusted trading volume of stablecoins reached $1.79 trillion, a 63% increase from May's $1.1 trillion, setting a new historical record surpassing February's $1.78 trillion, and a year-on-year increase of 125%.

Among them, USDC dominates with a trading volume of $1.21 trillion, accounting for about 67%; USDT's trading volume is $576 billion, accounting for about 32%. At the network level, Base ranks first with $565 billion (31.5%), followed closely by Ethereum ($562 billion), and Tron ranks third ($320 billion).

Analysts believe that despite the bear market in the crypto space, the trading volume of stablecoins continues to grow, highlighting their increasing importance in practical applications such as payments, DeFi, and cross-border transfers.