According to researcher Rafi's statistics, international stablecoins reached an adjusted transfer volume of $760 million in the first quarter of 2026, a year-over-year increase of 245%. The statistics exclude exchange-related traffic, minting and burning activities, and smart contract interactions, mainly reflecting actual economic activity between EOAs. Among them, EURC still dominates, while native currency stablecoins like CNGN, BRLV, and IDRX had transfer volumes of $25 million, $22 million, and $17 million respectively, indicating a continued growth in on-chain foreign exchange settlement demand.