In the first half of 2024, stablecoins facilitated transactions totaling $2.6 trillion. 💵

Visa and Castle Island Ventures project that by the end of the year, this volume could soar to $5.28 trillion.

Stablecoins are predominantly utilized for cross-border payments, remittances, payroll, and trading, especially in emerging markets like Nigeria and Brazil.

📊 Key Stats:

▪️47% use stablecoins for savings

▪️43% for better currency conversion

▪️39% for earning yields

57% of users have increased their stablecoin use over the past year, and 72% expect this trend to continue. 🌐💸