See how digital payment tokens are really being used for payments
Welcome to the Stablecoin Retail Payments Index
Most on-chain tokenised payment volume comes from trading and liquidity flows. The Digital Retail Payments Index filters these out to highlight everyday transactions - payroll, supplier transfers, and eCommerce payments under $10k.
Orbital’s Index provides a clearer picture of how digital payment tokens are being used for real payments across regions, networks, and tokens. Built in partnership with Artemis and Sensor Tower, it delivers a data-driven view that cuts through trading noise and shows genuine retail-scale adoption.
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Data
Highlights
Highlights in Figures
As of January 2026
$306b
Circulating supply
$20.4tn
Annualised W2W volume
375m
Monthly retail payments
50m
Daily active wallets
49.6m
Stablecoin addresses
€67.2b
Annualised EUR volume
Latest insights
Insight
Methodology
Our unique methodology is aimed to filter for consumer-scale payments (transactions under $10,000) and removes non-payment related activity.
Our unique methodology is aimed to filter for consumer-scale payments (transactions under $10,000) and removes non-payment related activity. Filtering helps isolate digital payment tokens activity that more closely resembles peer-to-peer payments, remittances, merchant payments, payroll and SME transfers, not speculative trading.
Blockchain data for the Index is sourced in partnership with Artemis.xyz, a leading provider of on-chain blockchain analytics. Combined with data provided by Sensor Tower’s off-chain insights on wallet, exchange, and payment app usage, the Index uniquely links on-chain transactions with real-world customer behaviour across regions and use cases.