Cross-border stablecoin transfers increased by 77.5% to $220.3 billion in the 12 months ending June 2026. This growth occurred while the total cryptocurrency market capitalization declined by 37% to $2.1 trillion during the same period, according to Chainalysis.
The average size of these cross-border transfers was approximately $3,000. Chainalysis identified 4,708 new cross-border corridors, which facilitated a total volume of $2.64 billion. The top 25% of these corridors accounted for 96.1% of the total measurable value.
Regulatory developments have influenced the sector, including the US GENIUS Act signed in July 2025, the European Union MiCA regulations, and the licensing regime for issuers in Hong Kong. These frameworks aim to integrate stablecoins into formal financial oversight.
Traditional financial companies are expanding their stablecoin services. In August 2026, Western Union introduced a stablecoin wallet and a Visa-linked card across 37 markets. Additionally, MoneyGram announced a card initiative in September 2026, starting with a launch in Colombia.
