Stablecoins just had their biggest month yet.
$1.79 trillion total moved in June, and USDC carried two of every three dollars of it.
The regulated coin didn鈥檛 just beat Tether in real volume, it lapped it.
The dollar now settling the on-chain economy is the one built for compliance departments. Every transfer becomes reportable, every balance is public.
As trillions continue to move on-chain, the missing privacy layer becomes impossible to ignore.