#StablecoinPayments Stablecoin payments are gaining traction globally, with some key statistics:
- *Transaction Volume*: Stablecoins accounted for 35.5% of all transactions on CoinGate in 2024, with USDT dominating at 97.2% of stablecoin transactions.
- *Growth*: Stablecoin payments grew 26.2% in 2024, with USDC experiencing an 86.9% surge in usage after its integration into the Solana network.
- *Settlement Preferences*: 16.7% of merchants opted to settle payments in stablecoins, with 71.43% preferring EUR settlements.
- *Blockchain Preference*: TRON became the most-used blockchain for payments, accounting for 31.5% of transactions, while Layer 2 solutions like Lightning Network and Arbitrum saw notable growth.
- *Cross-Border Transactions*: Stablecoins settled $10.8 trillion worth of transactions in 2023, with potential to trend lower due to new innovations ¹ ².