Survey: About $2.62 Trillion Settled in Stablecoin in H1
Stablecoin is no longer just used for cryptocurrency trading, but its application scenarios are growing, according to a new survey of nearly 2,500 people in five emerging markets. According to the data, approximately $2.62 trillion was settled in stablecoin in the first half of 2024, amounting to $5.28 trillion on an annualized basis. 57 percent of users reported an increase in stablecoin usage over the past year, and 72 percent believe this trend will continue. The survey also found that the most popular non-transactional use cases for stablecoins include currency exchange, payment for goods, remittances, and paying or receiving a paycheck.
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