Stablecoins now account for over 80% of transaction volume on the WalletConnect network, which processes nearly $1 billion daily. The dominance of stablecoin transfers highlights their growing role as a primary medium for on-chain payments and settlements. Non-USD stablecoins are seeing increased adoption, while wallet verification features are helping users comply with the EU's Markets in Crypto-Assets (MiCA) regulation. Network participants anticipate further volume growth heading into next year.