Stablecoins are breaking records — and reshaping the global payment landscape.

According to PANews, Visa data shows stablecoin transactions exceeded $700 billion in November, setting a new high and nearing Visa's annual transaction volume of $12.3 trillion in 2023.

Here’s a breakdown of the numbers:

- $500 billion of November's transactions came from Tether’s USDT.

- Tron blockchain handled $314 billion of this, while Ethereum processed $247 billion.

If this growth continues, stablecoins could surpass $8.4 trillion in annual volume next year — rivaling payment giants like Visa.

Why the growth?
1️⃣ Tron's low fees & high speed make it ideal for payments.
2️⃣ Ethereum's dominance in DeFi drives lending and financial innovation.
3️⃣ The total market capitalization of stablecoins is now at a historic high of $193 billion, signaling rising adoption.

Stablecoins are no longer just a tool for crypto traders; they’re becoming a cornerstone for both decentralized finance and mainstream payments.

What does this mean for the future of money? Will stablecoins challenge traditional payment systems or complement them?