Stablecoin payments firm dtcpay closes $25M round with SBI backing
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BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules.
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Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review.
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Dune Analysis: Stablecoin Divergence Intensifies, USDT Outperforms in Payments, USDC Leads DeFi
According to a report by Cointelegraph, citing the latest data from Dune Analytics, USDT completed approximately $95 billion in goods payment settlements in the first half of 2026, far exceeding USDC's $14 billion; in the business-to-business (B2B) payment sector, USDT accounted for a staggering 92%. On Tron, USDT's largest network, approximately 93% of the token supply is held in regular wallets. In contrast, USDC has a significant advantage in the DeFi field, with approximately $2.6 trillion in transactions processed on the Base network and approximately $1.6 trillion on the Ethereum network in June. Currently, USDT and USDC together account for 83% of the entire stablecoin market capitalization of approximately $315 billion.
Crypto payments company Mesh is raising a new round of funding, with a potential valuation of up to $2 billion.
According to Mars Finance, Axios reports that crypto payment company Mesh is raising a new round of funding, led by Binance, with a post-investment valuation of up to $2 billion.