BitGo Says Stablecoin Payments Nearly Double as Supply Stays Flat

• BitGo's analysis found stablecoins are augmenting existing payment networks rather than replacing them, potentially favoring firms controlling customer relationships and licenses.
• Stablecoin payments reached $54.1 billion in September, nearly double the year-earlier level.
• Trailing 12-month payments rose about 49% to $434 billion, despite broadly flat stablecoin supply.
• Tokenization is expanding into core financial infrastructure as banks build tokenized deposits and securities platforms regardless of cryptocurrency prices.
• Agentic payments remain limited by trust concerns, with x402 volume at $1.15 million in September, predominantly tied to AI inference.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BitGo Holdings Inc. published the original content used to generate this news brief on October 26, 2026, and is solely responsible for the information contained therein.