Stablecoin payment volume mostly consists of non-real transactions; actual 2025 scale estimated at $39B

火星财经消息，May 12: L2 network Lisk stated that the frequently cited figure of "hundreds of trillions of dollars in stablecoin transaction volume" largely does not represent genuine payment activity, but rather trading, arbitrage, and automated on-chain transfers. According to data cited from McKinsey and Artemis Analytics, the real payment volume of stablecoins in 2025 is projected to be approximately $390 billion, broken down as follows: B2B payments: ~$226 billion (58%) Salaries and remittances: ~$90 billion (23%) Capital market-related payments: ~$8 billion (2%) Other payment use cases: ~$66 billion (17%) Additionally, B2B stablecoin payments grew by 733% year-over-year; however, this still represents only about 0.01% of the global B2B payment market, which is approximately $1.6 quadrillion. Lisk believes this indicates that while stablecoin payments are growing rapidly, there remains significant room for them to penetrate the mainstream global payment system.