Stablecoin funds will increase in 2025, with an growing proportion of B2B transfers. In keeping with Artemis, using the token as a cost instrument has elevated by 70% since February.
In 2025, stablecoin funds have expanded by greater than 70% since February. Markets pegged to fiat currencies have developed and funds have turn into one of many primary vectors of improvement, with Circle’s USDC main the development.
Artemis, one of many main crypto knowledge hubs, collected knowledge from 22 crypto cost corporations to estimate the precise utilization of stablecoins. An extra 11 startups had been interviewed for extra knowledge from B2B, P2P, B2C, card funds, and pre-funding.
This knowledge assortment tracked $136 billion in funds between companies settled between January 2023 and August 2025. This era has already proven the evolution of the stablecoin market, with the development persevering with into the third quarter attributable to progress in provide and energetic customers.
B2B funds dominate the market
Artemis has discovered that B2B funds are the most important driver of exercise, as they’re the belongings that allow large-scale, permissionless funds. One of these cost reached $76 billion per 12 months, with P2P funds coming in second at $19 billion per 12 months.
B2B funds have been probably the most energetic phase in stablecoin utilization. App and card funds will increase in 2025, marking mainstream adoption in retail shops. |Supply: Artemis
Crypto playing cards adopted go well with, with annual transaction quantity reaching $18 billion. B2C funds had been $3.3 billion, whereas pre-funding options had $3.6 billion in funds.
Regardless of USDC’s rising affect, Tether’s USDT remained the preferred token utilized by companies. USDT captured 85% market share by way of quantity, with Circle in second place. TRON held probably the most stablecoins, adopted by Ethereum, BNB Chain, and Polygon.
America, Singapore and Hong Kong recorded the best quantity of remittances.
Fee options enhance using stablecoins
One of many elements behind the elevated use of stablecoins was cost apps constructed by centralized exchanges. Most notably, Bybit Pay and Binance Pay emerged as exercise hubs, leveraging the alternate’s prospects with further cash switch instruments.
BVNK has additionally emerged as a cost gateway with the infrastructure to attach banks and blockchain. BVNK focuses on enterprise scalability points. BVNK’s method is to permit companies to make use of fiat currencies and full stablecoin transactions on the backend utilizing quick, borderless infrastructure.
Stablecoin playing cards had been one other issue driving mass adoption. With clearer rules, card utilization has expanded from the 2023 baseline stage. As of August 2025, month-to-month crypto card cost quantity exceeded $1.5 billion.
Playing cards linked to stablecoin balances search to supply a seamless expertise based mostly on regular card utilization patterns. The expansion of crypto playing cards has introduced cost suppliers like Exa and Gnosis Pay consistent with using conventional credit score and debit playing cards. Common Exa funds had been similar to US debit card spending.
No main adjustments or new traits had been noticed in P2P funds. A lot of these funds had smaller common transaction sizes. The common measurement of P2P funds was decrease in comparison with Zelle and Venmo. General, P2P is among the riskiest makes use of for stablecoins, as customers flock to pick apps.
Stablecoins are nonetheless broadly used for fraud, and solely a small share of stolen funds are frozen or returned.
