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Stablecoin transaction volume climbed to a record $1.79 trillion in June, surpassing the previous monthly high set in February, according to Visa’s Allium-powered analytics dashboard. The surge came despite the ongoing crypto bear market and reflected growing adoption of stablecoins for payments and cross-border transfers. USDC accounted for the largest share of transaction volume, while Base emerged as the most active blockchain network for stablecoin transactions during the month.
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