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Stablecoin-settled TradFi perpetuals top $1.1T in H1 2026: Binance Research

Created at 8 Jul · 5:35 PM1 source↑ Market-relevant
IN SHORT

Stablecoin-settled perpetual contracts for traditional financial assets saw over $1.1 trillion in trading volume in the first half of 2026, according to Binance Research. Stablecoins are also increasingly used for savings and cross-border payments, particularly in Latin America.

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Key Numbers

$1.1TTradFi perpetual trading volume in H1 2026
11%TradFi perpetuals as % of crypto perpetuals
30%Binance users holding >50% portfolio in stablecoins
4%Binance users holding >50% portfolio in stablecoins in 2020
$311BGlobal stablecoin market cap
$254BGlobal stablecoin market cap a year ago
$1.79TAdjusted stablecoin volume in June
38%Latin America's share of Binance stablecoin transfer users in 2026
17%Latin America's share of Binance stablecoin transfer users in 2025
40%USD-pegged stablecoins on Bitso in 2025
18%Bitcoin's share on Bitso in 2025
$112BRemittance corridor opportunity outside US-to-Mexico

Who's Involved

Binance Research
Reported on stablecoin usage in traditional finance and crypto markets
Visa
Provided data via its Allium-powered stablecoin dashboard
Bitso
Crypto exchange in Mexico City that reported stablecoin adoption trends
Claudia Wang
Former Bybit executive who estimated remittance market opportunity
Western Union
Launched USDPT stablecoin on Solana for cross-border payments
MoneyGram
Launched MGUSD stablecoin on Stellar for international transfers

↳ Why This Matters

The substantial growth in stablecoin usage for trading, savings, and remittances indicates a maturing digital asset ecosystem and its increasing relevance in traditional finance and global commerce, potentially offering more efficient and accessible financial services.

Key facts

  • Stablecoin-settled perpetual contracts for traditional financial assets exceeded $1.1 trillion in trading volume during the first half of 2026.
  • This market segment constitutes about 11% of total crypto perpetual trading volume.
  • A significant portion of crypto users, 30%, now hold over half their portfolios in stablecoins.
  • The global stablecoin market capitalization has expanded to approximately $311 billion.
  • Stablecoins are increasingly utilized for cross-border payments, with Latin America showing accelerated adoption.
  • Major remittance providers like Western Union and MoneyGram have launched their own stablecoins for international transfers.

Stablecoin-settled perpetual contracts linked to traditional financial assets have surpassed $1.1 trillion in trading volume in the first half of 2026, according to a report by Binance Research. This surge highlights the increasing integration of stablecoins into tokenized financial markets, now accounting for roughly 11% of all crypto perpetual trading volume.

Beyond derivatives, stablecoins are evolving into long-term stores of value. Binance Research found that 30% of its users now hold more than half of their portfolios in stablecoins, a significant increase from 4% in 2020. The overall global stablecoin market capitalization has grown to approximately $311 billion, with transaction activity reaching a record $1.79 trillion in adjusted volume in June.

Cross-border payments represent another area of rapid stablecoin adoption, particularly in Latin America. The region's share of Binance stablecoin transfer users more than doubled to 38% in 2026 from 17% in 2025, driven by demand for faster and cheaper international transfers. This trend is mirrored by exchanges like Bitso, where stablecoins accounted for 40% of crypto asset purchases in 2025, surpassing Bitcoin. Traditional remittance providers are also entering the space, with Western Union and MoneyGram launching their own stablecoins for international transfers.

Frequently asked questions

These contracts allow traders to speculate on the future price of traditional financial assets using stablecoins as collateral, representing a growing intersection of traditional finance and crypto markets.

The region shows high demand for faster and lower-cost international transfers, making stablecoins an attractive alternative to traditional remittance services.

Stablecoins are increasingly being used as long-term stores of value and for cross-border payments, indicating a broader utility beyond speculative trading.

What Happens Next

01Continued monitoring of stablecoin adoption in emerging markets.
02Tracking further integration of stablecoins by traditional financial institutions.
03Observing regulatory developments impacting stablecoin usage globally.

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Cadence

How It Developed

Stablecoin-settled perpetual contracts for traditional financial assets reached $1.1 trillion in trading volume in H1 2026.
This volume represents approximately 11% of all crypto perpetual trading.
% of Binance users now hold over half their portfolios in stablecoins, up from 4% in 2020.
The global stablecoin market cap grew to $311 billion, up from $254 billion a year ago.
Adjusted stablecoin transaction volume hit a record $1.79 trillion in June.
Stablecoin adoption for cross-border payments is accelerating in Latin America.
The region's share of Binance stablecoin transfer users more than doubled to 38% in 2026 from 17% in 2025.
US dollar-pegged stablecoins accounted for 40% of crypto asset purchases on Bitso in 2025.

Sources

T1
Stablecoin-settled TradFi perpetual trading tops $1.1T: Binance ResearchA new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings.Cointelegraph

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