Galaxy Digital said the stablecoin already processes half of ACH’s transaction volume.
As regulations become clearer in 2026, stablecoins may become even more pervasive in everyday payments in the United States.
Banks, payment companies, and institutions are moving on-chain faster than many expected.
Stablecoins are no longer just a tool for crypto traders. They are well on their way to taking on one of the most important payment systems in the U.S. financial system.
In its latest annual forecast report, Galaxy Digital said: Stablecoins could surpass ACH in transaction volume by 2026indicating that both usage and adoption are rapidly increasing.
ACH currently powers everyday payments such as payroll, bill payments, and bank transfers. Galaxy believes that stablecoins are now close enough to scale to seriously compete.
Stablecoin trading is already closing the gap.
Galaxy research shows that stablecoin activity has grown rapidly over the past few years. Already a stablecoin Processes more transaction volume than major credit card networks such as Visa and now handle Approximately half of ACH capacity.
“Velocity of stablecoins remains significantly higher compared to traditional coins.” Thad Pinakiewicz, vice president of research at Galaxy Digital, said: “Stablecoin supply continues to grow at a CAGR of 30% to 40%, and transaction volumes are increasing accordingly.”
According to data from DefiLlama, the stablecoin market is currently Approximately $309 billionled by Tether’s USDT and Circle’s USDC.
Regulation could accelerate growth
Galaxy highlighted regulation as a key factor behind its 2026 forecast. of genius actis expected to be completed in early 2026 and will establish clear rules for stablecoin issuance under the supervision of the FDIC.
The framework would require full reserve backing, strong governance standards, and would give banks a regulated path to issue dollar-backed stablecoins.
“With the definition of the GENIUS Act expected to be finalized in early 2026, it is easy to imagine stablecoin growth accelerating above its historical average CAGR.” Pinakiewicz said.
Facilities are moving in
Stablecoins are already gaining traction in traditional finance. Visa has expanded its stablecoin payment program for US banks using Solana’s USDC, enabling faster 24-hour transactions.
Outside of the banking sector, companies include: western union and sony bank Companies have announced plans to launch their own stablecoins, suggesting widespread acceptance beyond crypto-native companies.
why is this important
If stablecoins overtake ACH, they could change the way money moves throughout the U.S. economy, especially in payments, settlements, and cross-border transfers.
One thing is clear: stablecoins are steadily moving towards the center of the financial system.
