Sales of steel coins reached a record $1.79 trillion in June, surpassing the May figure by 63% and rising 125% year on year. Data published in the Visa analytics panel based on Allium: June’s result was only slightly ahead of the previous record of February at $1.78 trillion. Growth continues despite a protracted correction in the crypto industry.

The bulk of the volume came to USDC from Circle - about $1.21 trillion (67% share), while USDT from Tether provided $576 billion (32%). The third place was taken by PYUSD from PayPal with $2.42 billion. Among the blockchain players, Base ($565 billion, 31.5%), Ethereum ($562 billion), and TRON ($320 billion, 18%) took the lead, with Base outperforming Ethereum for the first time in monthly transactions.

There is a positive dynamic in both the corporate environment and retail, indicating an increasing use of "stable coins". Previously, CIO Bitwise Matt Hougan noted that financial advisors are shifting interest from Bitcoin to stablecoins and tokenized assets, which could further stimulate demand for these tools.