Stablecoin transaction volume reached a record $1.79 trillion in June, up 63% from May’s $1.1 trillion, according to Visa. The June figure surpassed the previous record of $1.78 trillion set in February and represented a 125% increase from the prior‑year period. USDC accounted for 67% of the volume, or $1.21 trillion, while USDT represented 32%, or $576 billion, and PayPal’s PYUSD contributed $2.42 billion. Base, an Ethereum layer‑2 network, processed $565 billion, or 31.5% of total activity, followed closely by Ethereum at $562 billion and Tron at $320 billion, which represented about 18% of the market. Visa said it worked with Artemis, Allium Labs and Castle Island Ventures to adjust its transaction methodology, filtering out high‑frequency trading bots, exchange treasury rebalancing and repeated smart‑contract transactions to better capture organic stablecoin activity. Open Standard announced the launch of Open USD (OUSD) on Tuesday, backed by more than 140 payments, banking, technology and crypto companies, including Visa and Mastercard. Analyst Nick Ruck of LVRG Research said the record volume demonstrated stablecoins’ resilience amid a broader crypto bear market and described them as essential infrastructure for value transfer, liquidity provision and decentralized finance activity. He predicted the trend would continue as stablecoins mature and expand their role in the Web3 economy.