Recent research indicates significant growth in business transactions using stablecoins, highlighting their increasing role in the global financial system.
State of the Stablecoin Market
According to the report 'Stablecoin Payments from the Ground Up,' B2B payment volumes using stablecoins have increased from under $100 million in early 2023 to over $3 billion by 2025, representing a 30-fold increase in just two years.
Key Players and Transactions
The study conducted by Artemis in collaboration with Castle Island Ventures and Dragonfly, based on data from 20 leading fintech companies, shows that Reap has significantly impacted the B2B segment by providing transaction data. It highlights key geographic corridors, with active transactions originating from the USA, Hong Kong, Singapore, Japan, and the UK, emphasizing the Singapore-China route.
Global Trends and Conclusions
According to Reap co-founder Daren Guo, stablecoins are becoming an important alternative for global business payments, enabling faster and more efficient financial flows. Additionally, Artemis co-founder Anthony Yim noted that the simplification of transaction processes through stablecoins is set to revolutionize the payments industry.
The surge in B2B stablecoin payments illustrates their growing importance in the global economy, supported by active participation from various regions and companies.
