Stable coins win as a reliable instrument for digital payments on soil. New data from Artemis show that between January 2023 and February 2025, 94.2 billion US dollars were included in StableCoin transactions.
The report illuminates some specific rising areas for stable coin payments. Business-to-business transactions made up the biggest block and took under consideration an annual running price of $ 36 billion. Card-bound stable coin payments are also increased and rose over an annual volume of over $ 13.2 billion.
“Overall, stable coins have established themselves as growing and essential components of worldwide payment infrastructure,” the report said.
Stablecoin payment methods. Source: Artemis
Krypto users preferred Tether's USDT (USDT) for payments for other stablecoin, whereby the USDC (USDC) is getting into a distant but defined second place.
Tron and Ethereum took first or second place of the blockchains used for stable coin payments, with the Binance -Smart chain third. Tron and Ethereum are also remarkable in that the typical transaction sizes for business-to-business (B2B) exceeded $ 219,000 for each chains. The B2B transaction sizes on other blockchains were much smaller.
Stable coins attract the eye of governments, banks
According to Defillama, the StableCoin market capitalization reached 247.3 billion US dollars on May 29, which has growth of 54.5% prior to now 12 months. The usefulness of stable coins for cross-border payments, transfers and trade has attracted greater than just crypto enthusiasts. Governments and banks have also taken note of.
In the United States, legislators attempt to adopt laws that may regulate these assets within the hope of determining the dominance of the dollars within the digital economy. The United Arab Emirates and the European Union have already done this to operate certain stable coin emitters in these areas.
According to a report by Wall Street Journal, Big Banks within the United States are in early discussions concerning the opportunity to start out a typical crypto stablecoin. Companies have also entered the sport. On May 7, the StableCoin account payment platform showed over 100 countries.
The demand for numerous this crypto assets could also grow. At TOKEN2049, Dea Markova, the political chief of Fireblocks, announced cointelegraph that governments outside the USA are increasingly growing to stable coins from non-dollar.