The latest survey conducted by Visa and Castle Island Ventures shows that the usage of stablecoins surged in the first half of 2024, with settlement volumes expected to reach $5.28 trillion by the end of the year. The survey highlights that stablecoins are increasingly being used for real-world purposes, such as cross-border payments, remittances, payroll, and trade settlements.  
For non-crypto stablecoin activities, 69% use stablecoins as a currency substitute, 39% for paying for goods and services, and another 39% use stablecoins for cross-border payments.  
From the realm of cryptocurrency to a global phenomenon, stablecoins are reshaping the way we pay, save, and transact.