---
title: "Stablecoin growth has stalled. The payments boom hasn’t"
url: https://thecoingazette.com/stablecoin-growth-has-stalled-the-payments-boom-hasnt/
date: 2026-11-08
modified: 2026-11-08
lang: en
author: "Coin Gazette Editorial"
description: "Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 31
---

# Stablecoin growth has stalled. The payments boom hasn’t

Stablecoin supply has barely grown this year, even as payments using the tokens surge. Circle's latest earnings offer another example of the divergence between dollars outstanding and activity on blockchain networks.