Visa Data Shows $1.79 Trillion Stablecoin Volume In June

CoinDesk reported that Visa's dashboard showed $1.79 trillion in adjusted stablecoin transaction volume in June 2026, while Circle's USDC accounted for about 70% of first-half adjusted activity and Tether's USDT held roughly 25%.

CoinDesk reported that the June 2026 figure was 63% above May's $1.1 trillion and 125% above about $795 billion in June 2025.

Visa's adjusted measure removes bot activity, exchange transfers and other blockchain transactions that it does not treat as real economic activity.

That makes the dashboard a narrower payments and settlement reading than raw blockchain transfer volume.

USDC Lead Comes As Banks Add Stablecoin Services

CoinDesk reported that banks and financial institutions are expanding stablecoin use for payments, settlement and treasury operations.

The article named Standard Chartered and BNY as institutions that recently added services around Circle's USDC rather than building their own infrastructure.

The bank examples keep the story in payment rails rather than token-price trading.

The source did not say how much transaction volume came from Standard Chartered, BNY or any other bank, so the disclosed figures remain network-level Visa data rather than customer-level settlement proof.

USDC's lead also marks a shift from earlier stablecoin volume patterns.

CoinDesk reported that USDT made up nearly 90% of adjusted transaction volume in 2020, while USDC accounted for less than 10% at that time.

First-Half Volume Reaches $8.82 Trillion

For the six-month total, CoinDesk cited Visa data showing $8.82 trillion in adjusted stablecoin transaction volume in 2026.

CoinDesk said the total was above the $5.8 trillion recorded during all of 2024 and about $2 trillion below the $10.8 trillion reported in 2025.

Those comparisons keep the article focused on payment and settlement rails rather than token-price performance.

CoinDesk reported that banks and financial institutions are using stablecoins for payments, settlement and treasury operations.

Bank-Level Volumes Remain Undisclosed

The disclosed data still leaves important commercial evidence outside the public numbers.

Visa's adjusted dashboard gives network-level transaction volume, and CoinDesk named Standard Chartered and BNY as service examples, but the article did not disclose bank-level USDC volumes, customer counts, settlement values by institution or fee terms for the new stablecoin services.