The conversation around crypto payments is no longer about potential, it's increasingly becoming about scale.
Last week, the WalletConnect Network processed another $6.5B in stablecoin volume.
Looking at the breakdown, USDC alone accounted for $3.59B of that volume, while Ethereum processed over $6.3B, maintaining its position as the dominant chain for stablecoin activity.
A few things stood out:
• USDC remains the preferred stablecoin by a wide margin
• Ethereum continues to dominate settlement activity
• Arbitrum is still gaining traction
• Newer chains like Mantle are beginning to see meaningful growth
For me, the biggest takeaway isn't which chain won the week.
It's that billions of dollars continue to move through the @WalletConnect Network week after week.
The numbers fluctuate, but the trend remains the same: stablecoin payments are becoming a larger part of how value moves onchain.
gWCT 🔵