According to a report by blockchain analytics firm Allium, stablecoin payments have surged by 45% this year, reaching $482 billion through September, even as the circulating supply remains largely unchanged. The report highlights that the total value of stablecoins in circulation increased only 0.4% to about $305 billion. Notably, the number of stablecoin transactions jumped 71% to over 1 billion, indicating increased usage of existing stablecoins. Major payment firms like Mastercard, Stripe, and Visa are integrating stablecoins into their services, enhancing their role in global payments.