Which networks contributed to USDC's growth?

Base and Solana are the main drivers, offering faster and cheaper transactions.

Has USDC permanently overtaken USDT?

Current data shows USDC leading, but competition remains and market shares may shift.

Visa Data: USDC Overtakes USDT with 67% Share of Stablecoin Payments

Q: What was the total stablecoin payment volume according to Visa?

Total stablecoin payments reached a record $1.79 trillion.

Visa data shows USDC has overtaken USDT with a 67% share of adjusted stablecoin transaction volume, as total stablecoin payments reached a record $1.79 trillion. The shift is driven by Base and Solana networks offering faster, cheaper transactions.

July 7, 2026

2 min read

Source: CCN

Key Numbers

stablecoin volume

1.79T

usdc share

67%

New data from Visa (V) reveals that USD Coin (USDC) now accounts for approximately 67% of adjusted stablecoin transaction volume, surpassing Tether (USDT). This milestone comes as total stablecoin payments hit a record $1.79 trillion.

Details

According to Visa's on-chain data, the shift is largely driven by the Base and Solana networks, which offer faster and lower-cost transactions compared to other blockchains. These advantages have attracted more users and developers to USDC, boosting its market share.

Context

The data comes amid intense competition among stablecoins. While USDT (Tether) has historically dominated, USDC has gained momentum due to its regulatory compliance and support from platforms like Coinbase and Circle.

What It Means for Investors

For Visa investors, this trend underscores the growing adoption of stablecoins in payments, potentially enhancing Visa's role in facilitating these transactions. However, regulatory developments and ongoing competition between stablecoins remain key factors to watch.

Frequently Asked Questions

According to Visa data, USDC accounts for approximately 67% of adjusted stablecoin transaction volume.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.