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Stablecoin Transactions Hit $10T in January

January saw $10 trillion in stablecoin volume, with USDC contributing $8.4T, says Circle CEO Jeremy Allaire.

  • Stablecoin volume reached $10 trillion in January
  • USDC accounted for a massive $8.4 trillion
  • Circle CEO Jeremy Allaire revealed the data

The crypto world started 2026 with a bang as January recorded a staggering $10 trillion in stablecoin transaction volume, according to Jeremy Allaire, CEO of Circle. Most notably, USDC alone contributed $8.4 trillion of this total—an indicator of growing confidence and use of dollar-backed digital assets.

Stablecoins, particularly USDC, are increasingly being used for trading, remittances, and DeFi (Decentralized Finance) protocols. The dominance of USDC in these volumes highlights its growing role as a preferred settlement tool across crypto ecosystems.

USDC Leading the Stablecoin Pack

With $8.4 trillion in transaction volume, USDC continues to solidify its position as a leader in the stablecoin market. Backed by real-world reserves and issued by Circle, USDC’s transparency and regulatory alignment may be driving institutional adoption.

While competitors like USDT (Tether) have typically led in market cap, USDC’s jump in volume suggests a shift in user preference toward more transparent and compliant stablecoins. Circle’s ongoing efforts to expand USDC’s reach across multiple blockchain platforms is also likely fueling this momentum.

What This Means for Crypto in 2026

This historic transaction volume reflects the increasing integration of stablecoins in global finance, particularly for cross-border payments and crypto-to-crypto trading. As stablecoins become foundational to the infrastructure of Web3 and digital finance, their importance is only expected to grow.

Circle’s revelation reinforces the narrative that stablecoins aren’t just speculative assets—they’re becoming vital financial tools. The trend also points toward rising institutional interest and broader public trust in stable digital currencies.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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