Galaxy Research predicts stablecoins will surpass ACH transaction volume by 2026
- Stablecoin transactions currently process about half the volume of the US Automated Clearing House (ACH) system.
- The stablecoin market cap is approximately $309 billion, with Tether’s USDt and Circle’s USDC leading.
- Stablecoin supply is growing at a compound annual growth rate of around 30%–40%.
- Western Union plans to launch a US dollar-pegged stablecoin on the Solana blockchain by early next year.
- SoFi Technologies has introduced SoFiUSD, a fully reserved US dollar stablecoin designed for low-cost settlements.
The expected growth in stablecoins is supported by regulatory clarity and rising adoption, with significant players entering the market. The anticipated implementation of definitions under the GENIUS Act in early 2026 may further boost their usage.
As stablecoins continue to expand, they are projected to handle more transaction volume than ACH systems by 2026, highlighting their increasing significance in digital finance.(Source)
