Stablecoins Drive $1.1T TradFi Perpetual Trading: Binance Research
Vexoda Newsroom
Binance Research reports that stablecoin-settled traditional financial (TradFi) perpetual contracts have reached over $1 trillion in trading volume, highlighting their growing role as a settlement lay
Stablecoins are rapidly becoming the preferred method for settling TradFinance-linked perpetual contracts, according to Binance Research. In the first half of 2026, these stablecoin-settled derivatives trading volumes topped $1.1 trillion, representing about 11% of all crypto perpetual trading.
The report notes that beyond just trading, stablecoins are increasingly being used as long-term stores of value rather than temporary assets for traders. Currently, 30% of Binance users hold over half their portfolios in stablecoins, a significant increase from the mere 4% seen in 2020.
The global market cap for stablecoins has grown to around $311 billion compared to approximately $254 billion last year. This growth is reflected in transaction volumes as well; Visa’s Allium dashboard recorded a record-stretching $1.79 trillion in June, surpassing the previous high set earlier that month.
Latin America stands out as a key market for stablecoins, with Binance Research reporting that its share of users sending stablecoin transfers more than doubled to 38% from just 17% over the past year. This trend is driven by growing demand for faster and cheaper international money transfers in the region.
The adoption of stablecoins extends beyond trading and savings into cross-border payments, particularly among traditional remittance providers like Western Union and MoneyGram. Both have launched their own stablecoin solutions on blockchain networks to facilitate these transactions more efficiently.
This trend reflects a broader shift towards using cryptocurrencies for everyday financial activities rather than just speculative investments. As such, it could potentially disrupt existing payment systems and create new opportunities in the crypto ecosystem.
Traders should closely monitor how this growth affects various stablecoin issuers' market positions as well as traditional finance players entering or expanding their presence in the space.
Source: Cointelegraph. Summarized and rewritten by the Vexoda Newsroom. This is market news, not financial advice.