Stablecoin Payments Jump 45% to $482B as Visa, Mastercard, Stripe Connect Crypto to Cash: 5 outlets compared

NewsCord reported that stablecoin payments rose 45% to $482 billion, signaling continued growth in the use of blockchain-based tokens for payment activity. The report’s headline does not specify the measurement period or methodology behind the figure.

The reported increase comes as major payments companies including Visa, Mastercard and Stripe connect cryptocurrency services with traditional cash payment rails. Stablecoins are digital tokens generally designed to maintain a stable value, often by referencing a national currency such as the U.S. dollar.

For payments providers, stablecoins can offer a way to move value on blockchain networks while linking users to existing card, merchant and cash-out systems. The NewsCord item compares coverage across five outlets, highlighting how large financial and technology companies are increasingly involved in crypto-to-cash payment infrastructure.