The volume of stablecoin transactions has increased sixfold in the last eighteen months, creating a significant shift in global money transfers. According to current data shared by payment infrastructure company BVNK, monthly payments made with stablecoin exceeded the level of 30 billion dollars at the beginning of 2026, while the main reason for this increase was the rapid growth in business-to-business (B2B) payments.
Rapid Increase in B2B Stablecoin Payments
According to data based on a joint report by Artemis and McKinsey, while the monthly volume of stablecoin payments was measured at $ 5 billion at the beginning of 2024, this amount exceeded $ 30 billion at the end of two years. When looked at on a yearly basis, the annual volume exceeds 390 billion dollars. The same report reveals that the share of B2B payments in total volume far exceeds other categories, while individual-to-person transfers, cross-border transfers, card payments and pre-financing transactions constitute a smaller share of the total. Especially from mid-2024, the momentum in B2B payments appears to have accelerated significantly.
Main Reasons for Corporate Choice
For corporate treasury teams and finance managers, the choice of stablecoins stems from operational advantages. In traditional cross-border banking systems, transfers made via the SWIFT network, for example, can take between one and five business days to be completed. Additionally, additional fees apply through correspondent banks for payments made in different currencies, and these transactions may require more than one intermediary depending on the amount transferred. In contrast, stablecoin transactions can be completed in seconds without an intermediary and work uninterrupted on weekends and holidays.
Companies that pay international suppliers eliminate the currency conversion process and the complexity of correspondent bank relationships when using stablecoins. Data from Artemis and McKinsey shows that these benefits are being taken into account by more companies and stablecoin adoption.
Rising Use Areas Other than Payment
BVNK notes that stablecoin usage is initially expected to focus on cross-border individual transfers and remittances, but the real growth is emerging in the B2B space. On the other hand, card-based stablecoin payments are also on the rise. While Visa reports that annual card reconciliation volume increased from $1 billion to $3 billion, card usage is at a more limited level compared to B2B.
The report also points to new areas of use other than payments. Stablecoins; It stands out in various areas such as buying and selling tokenized assets, an alternative method of storing value in countries with high inflation, and hardware (GPU) financing for artificial intelligence projects. Many such apps were not included in the statistics until two years ago and are driving additional volume outside of traditional payment categories.
New Era and Expectations in Infrastructure
According to the Artemis and McKinsey report cited by BVNK, the next wave of growth will be shaped by new entries joining the market rather than existing players increasing their volume. Fintech companies, banks and some non-financial institutions are expected to launch their own stablecoin projects. As the infrastructure matures and the regulatory framework becomes clearer, the number of stablecoins released may increase. This situation is expected to increase competition in transaction fees and provide higher liquidity between different currencies.
On the other hand, the main question facing the sector stands out as whether the infrastructure supporting the current volume can grow to manage risks correctly. Corporate risks experienced in the past, especially in financial products based on fast-growing cryptocurrencies, draw attention at this point. While it is emphasized that the monthly volume exceeding 30 billion dollars is an important threshold, it continues to be a matter of curiosity whether the infrastructure, regulation and institutional control mechanisms will progress at the same pace in the coming period.
