Stablecoin demand starts to fade as Visa and Stripe build for the next boom

Stablecoins have rarely had more policy attention than they do in 2026. Lawmakers, payment companies, and crypto firms are treating dollar tokens as infrastructure rather than a side market. However, the most visible demand signals now point the other way. Search volume for “stablecoins” was down 54% month over month in June, based on annualized [ ]