Payments
Size the payments that actually settle
Stablecoin payments reached $401B to $527B in Jan to Aug 2026. See which corridors, counterparties and chains carry them.
Size a corridor before you commit engineering to it
Of $176T in unadjusted onchain volume, $17T is economic activity
Most onchain volume is not economic activity. Allium strips out intra-entity movement, pass-through routing, bots and wash trading to leave what is real, so you size the payments that actually settle.
-$100T
Intra-entity money movement
-$43T
Pass through routing (DEX, bridges)
-$9T
BOT / HFT activity
-$4T
Smart contract internals
-$3T
Wash trading and spam
$176T
Unadjusted onchain volume
$17T
Allium adjusted volume
$872B
Classified stablecoin payments, broken down by counterparty type, chain and wallet classification.
58% to 64%
of all stablecoin payments are received by businesses.
45%
growth in stablecoin payments to $482B, January to September 2026.
Tell business payments from retail on every chain
Without Allium
You size the market on bots and bridge loops
Headline volume that double-counts bots and bridges
Your strategy rests on self-reported numbers
Self-reported figures and analyst estimates
You can't tell business payments from retail
Transfer totals with no counterparty split
Remove the activity that inflates raw volume 5x or more.
Five documented layers strip intra-entity transfers, smart contract activity and bots. Every exclusion is traceable.
Size the market from settlement, not estimates.
On-ramp volume benchmarked across major providers on one methodology.
Who pays whom, and from which region.
B2B, B2C, C2B and C2C split per chain, with sender and receiver geography resolved across every corridor.
"Stablecoins are a potential new frontier for finance, and Visa wants to be the trusted bridge. The opportunity is real — lending alone has grown nearly 700% year-over-year — and that's why we're focused on moving intentionally with the big stablecoins, backed by clear data and enterprise-grade analytics from partners like Allium."
Noah Levine
Data & Strategy, Visa Crypto
Tell us which corridors you're sizing. We'll show you the real volume.
