Stablecoin market cap just hit $322B.

That's more than the FX reserves of 95 countries - UK, Canada, UAE included.
The BIS reported that cross-border stablecoin flows have grown sharply since 2022, with the heaviest activity in markets fighting high inflation and capital controls. People move money where it works.

But $322B doesn't sit in one place. It's split across chains, DEXs, and pools that don't talk to each other. So the real question stops being "how big" and becomes "how do you actually move it" - at the best rate, without the liquidity falling apart on the way.

That's the layer 1inch works on.

Full piece: coindesk.com/markets/2026/05/26/at-usd318-billion-the-stablecoin-market-value-exceeds-the-fx-reserves-of-95-nations