According to the stablecoin and crypto payment report released by CryptoRank on August 12, the total market cap of stablecoins in July was approximately $308.3 billion, marking the third consecutive month of net outflows, with a cumulative outflow of around $13.3 billion from May to July. However, on-chain usage continues to grow—USDT recorded a historic high of 861.4 million transactions in July, while USDC's on-chain transfer volume reached approximately $3.6 trillion, more than double USDT's $1.4 trillion. Meanwhile, the monthly recharge volume for stablecoin payment cards surpassed $1 billion for the first time, reaching approximately $1.084 billion, a month-on-month increase of 15.9%. Additionally, the payments sector secured around $244 million in funding in July, ranking second in crypto VC financing. https://(wublock123.com)/news/cryptorank-august-stablecoin-card-top-up-volume-over-1bn-66647