A report from CEX.IO revealed that stablecoin transfers reached $27.6 trillion in 2024, surpassing Visa and Mastercard. USDC was the top stablecoin for on-chain transactions, with Solana becoming the most active blockchain. Bots played a significant role in stablecoin transactions, with automated systems accounting for 70% of total volume. The trend of stablecoins dominating global remittances is expected to continue in 2025, with potential shifts away from USDT-dominated networks and Ethereum’s Pectra update enhancing its appeal as a stablecoin hub.

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