Svmuu News: A joint report released by payment giant Visa and data analytics platform Dune indicates that non-USD stablecoins are rapidly becoming the de facto “local currency” within the crypto ecosystem, with significant growth in practical applications in the payment and settlement sectors. The report shows that, unlike USD-pegged stablecoins—which primarily serve DeFi yield strategies—the core use cases for non-USD stablecoins have shifted toward cross-border payments, international remittances, B2B settlement, and foreign exchange management—real-world cash flow operations. These assets are primarily held in user wallets, centralized exchanges, and institutional vaults, demonstrating greater practical utility in circulation. Data confirms this trend: As of February this year, the total supply of non-USD stablecoins had reached $1.1 billion, an approximately threefold increase from January 2023; during the same period, the cumulative transaction volume surged from $600 million to $10 billion, representing a growth of over 1,600%. Meanwhile, the number of addresses holding these stablecoins surpassed 1.2 million, and the number of active sending addresses grew from approximately 6,000 to 135,000, reflecting the continued influx of a large user base and a significant increase in ecosystem activity. (TheBlock)