According to reports from Visa and Dune, the progress of non-US dollar stablecoins as actual payment tools is accelerating:
Supply: As of February, the supply reached $1.1 billion, tripling since the beginning of 2023;
Transaction volume: The scale of transfers surged from $600 million to $10 billion, an increase of over 1600%;
Adoption rate: The number of holding addresses is approximately 1.2 million, with a significant expansion of the active user base.
Data indicates that non-US dollar stablecoins are transitioning from mere digital assets to efficient settlement media.