APAC accounts for 51.2% of global stablecoin payment volume

The Asia-Pacific region accounted for 51.2% of global stablecoin payment volume, making it the largest market, according to a CoinDesk Research analysis. CoinDesk Research said stablecoin use is expanding beyond trading into payments, corporate treasury management and settlement, while moves are also gaining traction across the region to apply stablecoins to real financial services within established regulatory frameworks. USDT’s share of stablecoin payment volume in APAC fell to 91% in July 2026 from 98% in early 2025, indicating a gradual easing of concentration in the token. The analysis added that for compliance-focused stablecoins such as RLUSD to see broader use, distribution networks need to expand, custody support needs to be in place, and practical use cases need to grow in regulated financial sectors.