The post Stablecoin volumes surge to $35 trillion, but real-world payments still lag at 1%? appeared on BitcoinEthereumNews.com.

Since 2020, stablecoins have grown 76x and crossed $300 billion in supply. However, their volumes are still far from rivalling traditional payments.  According to a recent report by Artemis and McKinsey, on-chain dollars are “barely” scratching the surface of broader traditional payment volumes, accounting for less than 1%.  Source: Artemis/McKinsey The report stated that global annual payment volumes totalled $2 quadrillion in 2025. Over the same period, stablecoin volumes hit $35 trillion, but real-world payment volumes (remittances, payroll, etc) was $390 billion or about 1% of global share.  The remaining 99% of the stablecoin volume was linked to crypto trading, speculation, internal transfers, and other activities rather than real-world transactions.  Sectors driving stablecoin growth Even so, stablecoin payments have been growing rapidly, especially across business-to-business (B2B) and card-linked spending. On a year-on-year (YoY) basis, B2B stablecoin payments climbed to $226 billion or a 733% growth rate. This has been the top driver for real-world stablecoin payment volumes.  Source: Artemis/McKinsey Alas, this was just 0.01% compared to the global share of B2B transactions.  Peer-to-peer payments (P2P) or consumer-to-consumer transfers ranked second with $77 billion, followed closely by consumer-to-business (C2B) transactions at $76 billion.  On the contrary, business-to-consumer (B2C) activities such as payrolls, creator rewards, etc, were ranked last with a paltry $10 billion.  However, card-related spending in stablecoins exploded by 673% in 2025, making it, alongside B2B, one of two sectors seeing massive growth and likely opportunities for payment integrators.  Overall, the $390 billion figure differs from Visa’s $11 trillion figure. Finally, the report claimed that strong stablecoin payment traction could surpass legacy transfers in less than a decade due to cost and speed benefits.  Tether’s USDT leads supply growth Meanwhile, the stablecoin supply has increased by over $100 billion over the past year, with the market size rising from $204…

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Filed under: News - @ January 25, 2026 12:06 am