Stablecoins get land as a reliable tool for digital payments. New data from Artemis Shut up The $ 94.2 billion in Stablecoin transactions was fixed between January 2023 and February 2025.
The report eases some specific rising areas for Stablecoin payments. Business-to-business transactions consisting of the largest block, providing an annual running rate of $ 36 billion. Payments linked to the card have also grown, which jumps above $ 13.2 billion in the annual volume.
“Overall, Stablecoins established themselves as a growing and significant parts of the global payment infrastructure,” the report note.
Crypto users prefer Tether’s USDT (USDT) for payments to any other stablecoin, with the USDC of the Circle (USDC) will come to a distant, but the second position is established.
In the blockchains used for stablecoin payments, the Tron and Ethereum is ranked first and second respectively, along with the Binance Smart Chain entering the third. The Tron and Ethereum are also noteworthy that the average business-in-business transaction size (B2B) for both chains exceeds $ 219,000. B2B transaction sizes to other blockchains are smaller.
Related: Conduit raised $ 36M for Stablecoin, Fiat Cross-Border Payment Network
Stablecoins attracts the attention of governments, banks
According to In Defillma, the Stablecoin market cap reached $ 247.3 billion on May 29, a growth of 54.5% over the last 12 months. The usefulness of stablecoins for cross-border payments, remittance and commerce attracts more of crypto lovers; Governments and banks are also noticed.
In the United States, the lawmakers is trying to pass the law That will regulate these possessions, hoping to establish a dollar dominance in the digital economy. The United Arab Emirates and European Union This has been done, allowing some stablecoin providers to operate in these areas.
According to a Wall Street Journal report, big banks in the US are in early conversation about Possibility of launching a joint crypto stablecoin. Companies also get in the game. On May 7, the platform platform stripe Stablecoin accounts introduced to users in more than 100 countries.
The demand for these various crypto assets can also grow. In token2049, fireblocks head Dea Markova told cointelegraph that governments outside the US is growing increasingly interested in non-dollars backed stablecoins.
Magazine: Legal Panel: Crypto wants to overthrow banks, now it becomes them in the stablecoin fight
