Company
Allium is a blockchain data analytics firm that tracks on-chain activity, including stablecoin payment volumes and crypto market trends.
Standard Chartered moved its $2 trillion stablecoin forecast from 2028 to 2030 as supply stalled near $309 billion. Geoffrey Kendrick, its head of digital assets research, ties the stall to weak crypto markets, and Allium data show trading still outweighs payments.
Reality
Pyth DAO approved OP-PIP-136, sending 100% of its share of Pyth's commercial product revenue into open-market PYTH buybacks. The budget now tracks $11.5 million of recurring revenue, and its market effect depends on how much of the DAO's cut arrives as cash.
Perspective Coverage
3 publishersReality
Allium estimates stablecoins carried $401 billion to $527 billion of payments in 2026's first eight months, far below public-chain transfer totals. That range is a sounder base for valuing a stablecoin payments business, though it covers a different period and market from the 2025 cross-border share and cannot be divided into it.
Reality
Korean companies paid about $620 million in stablecoins between 2021 and September 2026, Allium data show, through affiliates and partners abroad. Whether that flow returns once Seoul's stablecoin bill arrives depends most on small exporters whose foreign buyers asked to pay this way.
Reality
Visa says stablecoin-linked card volume grew nearly 200% in a year across more than 160 programs. Its one dollar figure, a $20 billion settlement run rate, counts money moving between Visa and participating institutions, so the size of card spending is still unknown.
Reality
Pablo Hernandez de Cos told Jackson Hole that tokenized deposits look more promising than stablecoins. The number underneath that judgement is a $307bn float turning over roughly 202 times a year, mostly not for goods.
Reality