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Stablecoin adoption among retail users has acceptable caller records this year, with transaction volumes done August already exceeding past year’s total, a caller study by CEX.io said.
Retail-sized transfers, counting transactions nether $250, crossed $5.84 cardinal successful August alone, the highest ever recorded, according to information by Visa and Allium cited successful the report. With astir 4 months near successful the year, 2025 has already go the busiest play yet for stablecoin transportation measurement astatine the user level.
The figures underscore stablecoins, a radical of cryptos tied to fiat currencies similar the U.S. dollar, becoming progressively embedded into mundane fiscal activity, from cross-border remittances to microtransactions, the study pointed out.
Survey information from emerging markets, asking implicit 2,600 user successful Nigeria, India, Bangladesh, Pakistan and Indonesia, reinforced this picture, CEX.io analysts. A bulk of respondents said they turned to stablecoins to debar precocious banking fees and dilatory transfers, the study said. Nearly 70% of them reported utilizing stablecoins much often than past year, and much than three-quarters expect usage to support rising, the study said.
Ethereum gains, Tron falls back
The organisation of enactment among blockchains person shifted, the study noted. The Tron (TRX) blockchain, traditionally fashionable for retail transfers owed to its debased fees and wide enactment for Tether's USDT (USDT), has fixed up marketplace share. Monthly transaction counts fell by 1.3 million, oregon 6%, and its maturation successful measurement lagged down its closest competitors.
In its place, Binance Smart Chain (BSC) emerged arsenic the apical prime for retail users, capturing astir 40% of retail stablecoin activity, the study said. The network’s transaction number jumped 75% this twelvemonth with transportation measurement rising 67%. Much of the momentum came aft Binance delisted USDT successful March for European users and a resurgence of memecoin trading connected PancakeSwap connected BSC.
The Ethereum complex, with the basal concatenation and layer-2 networks combined, made up implicit 20% of transportation measurement and 31% of transaction counts, the study noted. While tiny transfers mostly took spot connected L2s, the mainnet enjoyed a important emergence successful the retail segment. Sub-$250 transfers connected the mainnet roseate 81% successful measurement and 184% successful count.
Ethereum has been mostly utilized for large-value transactions owed to its precocious fees, but transaction costs person dropped much than 70% implicit the past year, making mainnet transactions much competitory adjacent successful the sub-$250 range, the authors said.
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