According to researcher Rafi, the adjusted transfer volume of international stablecoins in Q1 2026 reached $760 million, a year‑over‑year increase of 245%. This statistic excludes exchange‑related traffic, mint‑burn activities, and smart‑contract interactions, mainly reflecting actual economic activity between EOAs. EURC remains dominant, while native stablecoins such as CNGN, BRLV and IDRX recorded transfer volumes of $25 million, $22 million and $17 million respectively, indicating continued growth in on‑chain foreign‑exchange settlement demand. https://t.co/yLG5edzqKh
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Non-USD stablecoins reach $2B as EURC, BRZ, and A7A5 show rising demand for local-currency crypto liquidity beyond USD.
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https://t.co/5BZnW4eY2b https://t.co/jGmT7RxDKe
Check key reactions on "The Talk"🔽 https://t.co/tJkRTqOMVW
USD stablecoins dominate 99% of the market.
But the other 1% just grew 16x in 3 years.
Local currency stablecoin supply is up 70%. On-chain transfer volume went from $600M to $10B. EURC is live on Aave and Visa Direct. BRLA hit $400M+ transfer volume in Feb 2026. XSGD is quietly settling Grab × Alipay+ in the background.
And @circle StableFX is now trying to connect all of them — with RFQ mechanics and PvP atomic settlement. Essentially an on-chain FX network.
The $9.6T/day FX market hasn't been disrupted yet. But the plumbing is being laid — and most people haven't noticed.
Full breakdown 👇
https://t.co/yKRML816HW
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