Stablecoin Payments Jump 70% After GENIUS Act — $10B Flow in August

Stablecoin payments surged as U.S. crypto rules changed: $10B in August, up from $6B in February, driven by the GENIUS Act and rising merchant adoption.

Stablecoin payments have accelerated sharply following recent U.S. cryptocurrency legislation, signaling a shift in how consumers and businesses handle digital transactions. A new report from blockchain data provider Artemis Analytics shows more than $10 billion flowed through stablecoins in August for goods, services and transfers — up from $6 billion in February. That surge reflects growing confidence in stablecoins as a payment rail amid clearer regulatory signals.

The Artemis Analytics data highlights an approximate 70% increase in monthly payment volume over six months. Stablecoins — digital tokens pegged to fiat currencies like the U.S. dollar — are increasingly used for day-to-day commerce, remittances and person-to-person transfers. The August figure not only outpaces earlier months but is also more than twice the volume recorded earlier in the year, underlining rapid adoption by merchants and consumers alike.

Market observers attribute much of this momentum to the GENIUS Act and other U.S. cryptocurrency legislation that have clarified compliance expectations and custody rules. Regulatory clarity can reduce operational uncertainty for payment processors, merchants and financial institutions, making it easier to integrate stablecoin payment options. As a result, more businesses are experimenting with stablecoin checkout options, cross-border transfers, and settlement tools that promise faster, cheaper transactions compared with traditional rails.

The surge in stablecoin payment volume carries important implications for the payments industry. For merchants, accepting stablecoins may reduce fees and settlement times, improve access to international customers, and open new revenue channels. For consumers, stablecoins offer near-instant transfers and price stability relative to highly volatile cryptocurrencies. Payment processors and fintech firms are racing to build infrastructure — wallets, custody solutions, and compliance tools — to capture this growing market.

Challenges remain, including ongoing regulatory debate, interoperability across blockchains, and the need for robust consumer protections. Still, the recent jump in stablecoin payments demonstrates a clear market appetite for digital-dollar-denominated payment solutions. With continued legislative clarity and improved infrastructure, stablecoins are poised to become a meaningful part of the modern payments ecosystem.

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