TL;DR

B2B stablecoin payments surged 730% in 2025, doubling total annual volume overnight.
The United States led global stablecoin inflows with $127 billion received monthly.
Small manufacturers and textile companies drove B2B stablecoin adoption, not tech giants.

Traditional banking moves money across borders the way it always has — slowly, expensively, and on its own schedule. Businesses absorb that friction as a cost of doing business internationally, treating delays and wire fees as fixed variables in their financial planning. In 2025, a critical mass of companies stopped accepting that premise.

Business-to-business stablecoin payments grew more than 730% year-over-year, according to a joint report by Artemis and Stablecon. Total annual stablecoin payment volume reached $390 billion — more than double the 2024 figure — with B2B transactions accounting for roughly 60% of the total. To put that growth rate in context: few payment categories at this scale have ever expanded that quickly in a single calendar year.

The geographic breakdown adds a layer that upends a common assumption about who actually uses stablecoins for payments. The United States led all countries in incoming stablecoin flows, receiving nearly $127 billion per month from international senders. China ranked second at almost $71 billion monthly, followed by Hong Kong at close to $51 billion. 

Developed economies dominate the top positions — not because emerging markets stopped using stablecoins, but because high-volume payment corridors naturally concentrate where the largest commercial relationships already exist.

Andrew Van Aken, data scientist at Artemis, made the point directly: the countries with the highest stablecoin payment volumes tend to be the same countries with the highest overall payment volumes. Developed markets actively seek faster alternatives to correspondent banking, and stablecoins offer exactly that.

The Companies Actually Driving These Numbers

Corporate crypto adoption tends to conjure images of treasury departments at large tech companies or financial firms with dedicated digital asset desks. The 2025 data tells a more grounded story.

Van Aken described the typical B2B stablecoin user as a small or medium-sized business operating in sectors far removed from the crypto industry — auto parts manufacturers, textile producers, renewable energy suppliers. What connects them isn’t a shared interest in digital assets. It’s a shared frustration with payment timelines that slow down otherwise straightforward commercial relationships across borders.

For a mid-sized manufacturer waiting on a supplier payment confirmation from another continent, three to four business days isn’t a minor inconvenience. It compounds across hundreds of transactions per year, tying up working capital and introducing uncertainty into supply chains that depend on predictability. Stablecoins remove several of the intermediate steps that create those delays — no correspondent banks, no cut-off times, no public holidays that freeze an international transfer mid-route.

Card-linked stablecoin transactions posted their own striking number: 840% growth year-over-year. Although they represent a smaller portion of total volume, that expansion rate signals something worth watching. Stablecoin payments are beginning to reach everyday commercial channels, not just high-value institutional transfers between treasury accounts.

The infrastructure behind all of this didn’t materialize in 2025. The rails existed before the volume arrived. What changed was the willingness of enough businesses, across enough industries and geographies, to route real commercial payments through them. When that threshold tips, growth curves stop looking linear.

The 730% expansion in B2B stablecoin payments isn’t a projection or a target. It already happened, and the companies driving it aren’t chasing a trend — they’re cutting payment times and moving on.

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Filed under: News - @ February 25, 2026 6:27 pm