Stablecoin supply stalls, but payments jump 45% as Visa, Mastercard and Stripe connect crypto to cash

Allium data shows stablecoin payments reached $482 billion so far this year, a 45% increase, even as overall stablecoin supply growth has stalled. The growth is tied to rising card spending and major payment firms like Visa, Mastercard and Stripe adding crypto rails. Traders would view expanding real-world payment volume as a positive adoption signal for stablecoins and the broader crypto ecosystem, though the lack of a specific token limits direct price impact.