Stablecoin supply surges by 33%, monthly transaction volume surpasses Visa—who will rewrite the future of payments?

[Crypto World] The recent growth of stablecoins is indeed quite impressive. According to the latest data, the total supply of stablecoins has increased by 33% this year, now reaching a scale of $304 billion.

What’s even more surprising is the trading volume — it can exceed the levels of Visa and PayPal in a single month. What does this indicate? It shows that on-chain payments are no longer just small-scale activities. There’s also a noteworthy detail behind the scenes: the amount of US Treasury bonds held as stablecoin reserves has reached $133 billion, directly ranking as the 19th largest holder globally.

Traditional payment giants are now feeling the pressure and are rushing to develop stablecoins and blockchain payments. But who will win in the end? It won’t be those slow followers, but the innovators who can truly break the existing payment system and create entirely new payment pathways. The game rules are being rewritten, and this reshuffle has only just begun.