Stablecoin payments have surged 70% since February 2025, reaching $10.2 billion in August, with business-to-business (B2B) transactions leading the growth. B2B stablecoin usage has increased by 113%, now accounting for $6.4 billion monthly, nearly two-thirds of total stablecoin activity. Tether remains dominant, handling 79% of stablecoin flows, while Circle's USDC has expanded its market share from 14% to 21%.
The United States and Singapore are at the forefront of stablecoin adoption, contributing 37% of global flows. This trend underscores the increasing integration of blockchain-based settlements into mainstream financial systems, as highlighted by data from Artemis, Castle Island, and Dragonfly XYZ.
Stablecoin Payments Jump 70% Since February, Driven by B2B Transactions
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