9 charts on what stablecoins are becoming
Adjusted volume ≈$4.5T (Q1 2026, US); velocity 2.6x→6x since early 2024; ≈$350–550B genuine payments in 2025; intra-country grew ~½→~¾ of payments (cross-border share declining even as absolute grows)
Stablecoin Corridors
8 curated papers.
Crypto as a Marketplace for Capital Flight
Crypto/stablecoin corridors substitute for restricted FX channels in EMDEs under capital controls / currency stress
DeFiying gravity? An empirical analysis of cross-border Bitcoin, Ether and stablecoin flows
Cross-border BTC/ETH/USDT/USDC flows across 184 countries, 2017–2024; peaked ~USD 2.6T (2021), stablecoins ≈half; transactional (not just speculative) motives drive stablecoin + low-value-BTC flows
Making sense of stablecoins
The adjusted-volume methodology: single-directional-volume filter + adjusted-address filter (exclude addresses >1,000 tx or >$10m/30d) to strip bot/HFT noise from raw on-chain totals
On Cross-Border Crypto Flows: Measurement, Drivers, and Policy Implications
First systematic measurement of cross-border crypto/stablecoin flows + macro drivers; policy framing for capital-flow monitoring
Remittance Prices Worldwide
Per-corridor total remittance cost + SDG 3% target
Stablecoins: The Emerging Market Story
YouGov survey, 500 adults each in Brazil, Nigeria, Turkey, Indonesia, India; access-to-dollars a top driver (47%); cross-border a primary goal for 32%; $2.6T settled H1 2024 with real-world (non-trading) use
The 2024 Geography of Cryptocurrency Report
Stablecoins ≈43% of Sub-Saharan Africa transaction volume; sending a $200 remittance from SSA ≈60% cheaper via stablecoins than fiat rails