Allium: Stablecoin supply reached $303 billion in August

Blockchain data platform Allium released its 'Stablecoins and the State of Payments: September 2026' report. The total stablecoin supply hit $303 billion in August 2026, a 6% year-over-year increase, with Tether and Circle accounting for 85% of the market. Exchanges hold $89 billion, while DeFi protocols hold $26 billion. Stablecoin payment volume for the first eight months of 2026 ranged from $401 billion to $527 billion, up 42% to 63% year-over-year. B2B settlements reached $137 billion to $153 billion, and cross-border stablecoin payments are growing seven times faster than traditional fiat channels.