BitGo Says Stablecoin Payments Nearly Double as Supply Stays Flat
Bitget2026/10/26 18:02- BitGo's analysis found stablecoins are augmenting existing payment networks rather than replacing them, potentially favoring firms controlling customer relationships and licenses.
- Stablecoin payments reached $54.1 billion in September, nearly double the year-earlier level.
- Trailing 12-month payments rose about 49% to $434 billion, despite broadly flat stablecoin supply.
- Tokenization is expanding into core financial infrastructure as banks build tokenized deposits and securities platforms regardless of cryptocurrency prices.
- Agentic payments remain limited by trust concerns, with x402 volume at $1.15 million in September, predominantly tied to AI inference.
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