Cross-border stablecoin transactions rise sharply even as the wider crypto market declines. According to Chainalysis data cited by both outlets, stablecoin cross-border transaction volumes increase about 78% over the 12 months through June 2026, reaching roughly $220.3 billion (about Rs. 21,13,779 crore).
During the same period, overall crypto market capitalization falls around 37%, dropping to about $2.1 trillion (about Rs. 2,01,49,500 crore). Both reports attribute the stablecoin growth to practical on-chain uses, including payments, settling supplier transactions, remittances, and moving savings across currencies. While one outlet describes the figure as a 77.5% rise and the other as a 78% surge, they present the same underlying trend and explanation. Neither report suggests the increase is driven by broader speculative crypto activity, instead linking it to stablecoins’ role in cross-border value transfer.