Retail stablecoin activity hit an all-time high in August, with sub-$250 transfers totaling $5.84 billion, according to a CEX.io report. Year-to-date volumes have already surpassed 2024, signaling 2025 as the busiest year yet for consumer-level stablecoin usage.
The report highlights stablecoins’ growing role in everyday finance, from cross-border remittances to microtransactions. A survey of over 2,600 consumers across Nigeria, India, Bangladesh, Pakistan, and Indonesia found nearly 70% using stablecoins more frequently than last year, and over 75% expecting continued growth, citing lower fees and faster transfers as key benefits.
Blockchain Trends: BSC and Ethereum Surge, Tron Declines
Tron (TRX), once a retail favorite, saw a 6% drop in monthly transactions, losing market share. Binance Smart Chain (BSC) captured nearly 40% of retail stablecoin activity, with transaction counts up 75% and volumes up 67%. Ethereum, including L2 networks, now accounts for 20% of transfer volume and 31% of transactions, with mainnet sub-$250 transfers rising 81% in volume and 184% in count due to falling fees.
The data underscores stablecoins’ growing adoption, with BSC and Ethereum emerging as the preferred networks for retail users, while Tron’s share slips.
About The Author
More Stories
Franklin Templeton added approximately $150 million in tokenized money market fund shares to the XRP Ledger on Friday, with all newly issued tokens sent to a single wallet. Two subscription transactions recorded on Thursday nearly quadrupled the fund’s token supply on the network.
Apex Group CEO Warns U.S. Clarity Act Delay Could Boost Asia and Middle East
a16z Rebrands Crypto Fund as a16z Frontier to Expand Its Investment Focus