According to ARK Invest’s report, the annual transaction value of stablecoins in 2024 reached a record $15.6 trillion, surpassing over 100% of traditional payment companies like Visa and Mastercard. On a monthly basis, stablecoin transactions reached 110 million, slightly more by 0.41% and 0.72% compared to Visa and Mastercard transactions. These findings indicate that in 2024, more people used stablecoins for transferring funds. The daily transaction volume of stablecoins in December 2024 reached $270 billion, and the monthly volume reached $2.7 trillion. Solana, Tron, Ethereum, and Binance had the largest share in stablecoins volume. Additionally, the total market value of stablecoins reached a record $204 billion, indicating a 22% increase since Trump’s victory in the US presidential election.
