Stablecoin volumes expand as institutions increase usage for cross-border settlements

Stablecoin transaction volumes expanded materially this month as more institutional participants adopted tokenized dollars and euros for cross-border settlements and treasury flows. Market data indicated rising on-chain activity across multiple layer-1 and layer-2 networks, driven by lower settlement costs and faster clearing cycles. Financial institutions experimenting with tokenization pilots reported operational efficiencies, though regulatory clarity remains a limiting factor in certain jurisdictions. Analysts expect stablecoin usage to continue rising as banks, fintech platforms and corporates explore digital settlement rails to streamline liquidity management.