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Stablecoin Retail Payments Index

Welcome to the Stablecoin Retail Payments Index

Welcome to the Stablecoin Retail Payments Index

The Stablecoin Retail Payments Index cuts through the noise, delivering curated, data-driven insights into consumer-sized stablecoin payments — highlighting genuine payment behaviour across regions and use cases.

Not all stablecoin activity reflects real payment use. Most on-chain volume is driven by high-frequency trading, liquidity management, and protocol-level interactions. While important, these flows can obscure the true picture of stablecoins as a payment instrument.
Filtered consumer payments
Filters for consumer-scale payments (transactions under $10,000) and removes non-payment-related activity to focus on where stablecoins are actually being used for real-world value transfer.
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Quality data
In partnership with leading blockchain data provider Artemis, and app store intelligence from Sensor Tower.
Data
Highlights

Highlights in Figures

As of January 2026
$20.4tn
Annualised W2W volume
$306b
Circulating Supply
375m
Monthly retail payments
€67.2b
Annualised EUR volume
41m
Stablecoin addresses
50m
Daily active wallets

Latest insights

Methodology
Our unique methodology is aimed to filter for consumer-scale payments (transactions under $10,000) and removes non-payment related activity.
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Our data partners
Blockchain data for the Index comes from Artemis.xyz, linking on-chain transactions with real-world behavior.
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reports

Reports Library

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Q4 2025 Stablecoin Market Snapshot

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Q3 2025 Stablecoin Market Snapshot

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Q2 2025 Stablecoin Market Snapshot
Reserved for quarterly report

Data was not released for public access or is currently undergoing verification.