A16z report: Rapid growth in stablecoin trading volume and usage scenarios

According to a report released by a16z, stablecoins are evolving from trading settlement tools to global financial infrastructure, with a focus on local payments and outstanding performance in the Asian and Brazilian markets. Data shows that the adjusted stablecoin trading volume in the first quarter of 2026 reached $4.5 trillion; The transaction volume of stablecoins from consumers to merchants increased by 128% year-on-year, reaching 285 million transactions; The monthly collateral deposit for the stablecoin card project increased from nearly zero at the end of 2024 to over $300 million at the beginning of 2026; The circulation speed of stablecoins has increased from 2.6 times to 6 times since the beginning of 2024.