(Image source: paybis)
A recent industry report from Paybis indicates that business payments have become the dominant driver of stablecoin activity on its platform.
According to the data, business clients accounted for nearly 98% of all stablecoin payout volume processed during the first months of 2026, marking a sharp increase compared to earlier years. In 2023, corporate users represented only a minority share of platform activity, suggesting a rapid acceleration in enterprise adoption.
The report also shows that stablecoins now account for the majority of Paybis’s transaction flow, rising significantly from relatively modest levels recorded in mid-2023.
The increasing use of stablecoins for commercial transactions reflects broader changes in how digital assets are being used within financial systems.
Citing external research from McKinsey, Paybis noted that global stablecoin payment volume reached an estimated $390 billion in 2025, with business-to-business transfers representing roughly 60% of total activity.
This distribution suggests that enterprises are becoming the primary drivers of stablecoin demand, particularly in sectors that rely on fast and low-cost cross-border settlement mechanisms.
Among the most active industries using stablecoins are:
Together, these sectors account for a large majority of business-related stablecoin flows on the platform.
The report also highlights a notable mismatch between how businesses perceive stablecoin transactions and how they actually function.
Survey data indicates that a significant portion of companies still underestimate the efficiency of blockchain-based payments. While stablecoin transfers typically settle within seconds or minutes depending on network conditions, many respondents expected settlement times ranging from one hour to a full day.
Similarly, perceptions of transaction costs were often overstated. A considerable share of businesses assumed fees could reach around 3%, whereas real-world stablecoin payment costs are generally lower, often below 1% depending on network selection, service providers, and foreign exchange spreads.
This gap in understanding suggests that education and familiarity remain important barriers to broader adoption, even as usage continues to expand.
Despite these misconceptions, interest in stablecoin payments continues to grow.
The survey found that more than one-fifth of businesses are either already using stablecoins for international payments or planning to adopt them within the next year. This indicates a growing willingness among companies to experiment with blockchain-based settlement systems for cross-border operations.
At a broader market level, stablecoins continue to gain traction as financial instruments. Market data shows total stablecoin capitalization has risen significantly over the past year, driven by both increased transaction volume and new token issuance.
Tether USDt remains the dominant asset in the sector, followed by USD Coin, which together account for a substantial portion of global stablecoin liquidity.
The expansion of stablecoin usage has also led to the emergence of new products specifically designed for payments and settlement use cases.
Recent launches include institutional and consumer-oriented stablecoins introduced through regulated issuance frameworks and financial technology platforms. These developments reflect a broader trend of integrating stablecoins into mainstream financial applications such as banking, remittances, and merchant payments.
Examples include:
This diversification suggests that stablecoins are increasingly being tailored for specific financial functions rather than serving as a single generalized digital asset.
The findings from Paybis illustrate a broader structural shift in the stablecoin ecosystem. What began primarily as a trading and liquidity tool within crypto markets is increasingly being adopted as a functional layer for global payments.
As businesses continue to explore faster and more efficient settlement systems, stablecoins are emerging as a practical alternative to traditional cross-border payment networks. However, widespread adoption will likely depend on improved education, regulatory clarity, and integration with existing financial infrastructure.
The rise in business-driven stablecoin activity suggests that digital dollar assets are steadily transitioning from speculative instruments to core components of enterprise payment infrastructure. Data from Paybis highlights not only rapid growth in corporate usage, but also a widening gap between perception and actual performance in stablecoin-based transactions.
As adoption expands across industries such as technology, e-commerce, and financial services, stablecoins are increasingly positioned to play a foundational role in global payment systems. However, continued education and infrastructure development will be essential for translating early adoption into long-term mainstream usage.
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