Tether's USDT remains the dominant stablecoin for payments in Asia-Pacific but its market share dropped from 98% in early 2025 to 91% by July 2026. This decline reflects a gradual shift toward stablecoins that emphasize regulatory compliance and transparency, such as Ripple's RLUSD, which recently gained regulatory approval in Japan. Asia-Pacific accounts for over half of global stablecoin payment volume, with business-to-business transactions making up 37.1% of this volume. Investors should watch if non-USDT stablecoins continue to grow, if RLUSD expands approvals in the region, and if corporate use of stablecoins increases.
USDT's market share in Asia-Pacific stablecoin payments fell to 91% by July 2026, down from 98% in early 2025. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 09, 2026 01:32 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include BCH at Rp4.964.419 (-7.86%), SOL at Rp1.928.185 (-7.39%), and LINK at Rp221.847 (-7.25%).
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