Stablecoins moved roughly $10.2 trillion on-chain in the twelve months to June 2026, but only about $390 billion of it was money actually paying for something, and Asia leads on both, originating roughly 60% of the world's genuine stablecoin payments. Our new piece from Money Moves East: The Stablecoin Corridors in Asia in 2026 sizes the APAC market, separates the three measures of settlement volume, and maps the trade and remittance corridors underneath, from record flows into India and the Philippines to Taiwan–Japan–Korea hardware lanes where a payment still takes two to five days to clear. Operator research from @_CapitalLayer, @movantis_global, @reapglobal, @Stabo2025, and @TripleAHQ shows where the volume is concentrating: B2B trade settlement, merchant flows card rails never reached, and remittance lanes where it is the interbank leg, not the last mile, that stablecoins compress. Read the full analysis: