Story perspectives

Stablecoins Surge to $33 Trillion; Major Banks Eye Launch

4/4/2026

Summary

Story summary

Stablecoins processed $33 trillion in transactions last year, far exceeding PayPal.
BlackRock and Visa are investing in dollar-pegged stablecoins to reduce volatility.
Brad Garlinghouse, Ripple CEO, said major banks are considering launching their own stablecoins due to competitive pressures.
The Genius Act established regulations for stablecoin issuance and aided early adopters.
Experts predict AI will enable direct machine payments, potentially replacing traditional banking methods.

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Story summary

Stablecoins processed $33 trillion in transactions last year, far exceeding PayPal.
BlackRock and Visa are investing in dollar-pegged stablecoins to reduce volatility.
Brad Garlinghouse, Ripple CEO, said major banks are considering launching their own stablecoins due to competitive pressures.
The Genius Act established regulations for stablecoin issuance and aided early adopters.
Experts predict AI will enable direct machine payments, potentially replacing traditional banking methods.