Allium: Stablecoin payment volume grew 45% to $482 billion in first three quarters, while supply rose only 0.4%

PANews reported on October 16 that Allium's latest report shows stablecoin payment volume grew 45% to $482 billion from January to September this year. The number of payments rose 71% to 1.04 billion, while the average transaction size fell from $544 to $462. Over the same period, stablecoin supply grew only 0.4% to $305 billion. Third-quarter payment volume rose 51% year-over-year, and September payment volume reached $72 billion, a new monthly high. On the supply side, Tether, Circle and Ethena all saw their supplies decline this year, while other issuers added a combined net $6.9 billion. In the third quarter, AI agent payment transactions doubled to 68.3 million, and stablecoin card spending grew 10x to $3.9 billion.