Stablecoin market hits $312B as banks, card networks embrace onchain dollars

The stablecoin market has reached an impressive valuation of $312 billion, as traditional banks and major card networks increasingly adopt and embrace the use of on-chain digital dollars. This significant growth reflects a growing trend in the financial industry, where these established institutions are recognizing the potential benefits and efficiencies offered by stablecoins in facilitating transactions and enhancing financial services in a rapidly evolving digital landscape. source: https://www.coindesk.com/business/2026/03/10/stablecoins-are-starting-to-reshape-payments-and-banking-macquarie-says