Stablecoin Volumes Exceed Visa and Mastercard as SDEV Secures $134M
Tether Investments led a $134 million financing round for Stablecoin Development Corp as stablecoin circulation topped $300 billion and transaction volume hit $33 trillion—surpassing Visa and Mastercard combined. Morgan Stanley also named Mastercard among 17 recommended stocks for the current market rally.
1. SDEV Raises $134M Financing Round
Stablecoin Development Corp, formerly Janover, secured $134 million in a round led by Tether Investments alongside R01 Fund LP and Framework Ventures, aiming to bolster public-market exposure to stablecoin infrastructure.
2. Stablecoin Transaction Volumes Outpace Card Networks
Stablecoin circulation now exceeds $300 billion, with USDT transaction volume reaching $33 trillion last year—surpassing the combined throughput of Visa and Mastercard—and serving over 570 million users globally.
3. Mastercard Included in Rally Stock Picks
Morgan Stanley selected Mastercard as one of 17 stocks poised to benefit from the current market rally, reflecting analyst confidence in its growth potential despite rising competition from digital asset platforms.