Stablecoin Transactions Outpace Visa in 2024, Mark Shift in Global Payments

A major milestone was reached in global payments with stablecoin transactions exceeding Visa’s volume in 2024. This surge is driven by the increasing use of Tether and USD Coin on high-throughput blockchains like Tron and Solana, demonstrating the growing role of stablecoins as a foundational payment infrastructure. Specifically, Tron processed over $5.46 trillion in USDT transactions alone, while Solana experienced a notable rise in network activity. 2024’s data shows that stablecoin transactions surpassed Visa’s total annual payment volume, showcasing their increasing influence on financial dynamics.