Binance Pay has achieved a remarkable milestone, with its merchant base expanding to over 20 million, marking a more than 1700-fold increase since the start of 2025. Initially, the platform had around 12,000 merchants, but the rapid adoption of stablecoins has fueled this exponential growth. Over 98% of Binance Pay's B2C transactions this year utilized stablecoins like USDT, USDC, EURI, and FDUSD. Since its inception in 2021, Binance Pay has processed over $250 billion in cumulative transactions, with its user base now exceeding 45 million. The expansion of its stablecoin offerings continues to drive the platform's growth, solidifying its position as a leading payment service in the crypto space.