Stablecoins accounted for 86% of Paybis' crypto transaction volume in April 2026, up from 12% in July 2023, while B2B transactions represented nearly all stablecoin activity on the platform. The report also showed strong growth in stablecoin payment volume across sectors like Digital Goods, Technology, Retail, and Fintech.
Businesses Turn to Stablecoins
Stablecoins are becoming a core component of international business payments, according to a new report released by crypto payments platform Paybis during the Money20/20 Europe conference in Amsterdam. The findings suggest that businesses are moving beyond viewing stablecoins as speculative crypto assets and are instead adopting them as practical tools for cross-border transactions and treasury management.
Press release from Paybis
The report revealed that 22.5% of surveyed businesses either already use stablecoins for international payments or plan to implement them in the next 12 months. This trend is part of a shift in the digital asset industry, where enterprise payment use cases are gaining momentum while traditional retail cryptocurrency trading becomes less dominant.
Paybis reported a big increase in stablecoin activity on its platform over the past few years. In April of 2026, stablecoins accounted for 86% of the company's total crypto transaction volume, compared to just 12% in July of 2023. The data points to growing confidence in dollar-pegged digital assets as reliable payment instruments for businesses operating across borders.
Business clients are driving most of this growth. According to Paybis, B2B transactions represented 96.9% of all stablecoin volume in 2025 and increased even more to 97.8% during the first four months of 2026. The platform also recorded total stablecoin volume of $2.81 billion in May 2026, while activity between January and April grew by 135% compared to the same period a year earlier.
(Source: Paybis)
Several industries are leading adopters of stablecoin payments. The Digital Goods sector accounted for the largest share of B2B stablecoin volume since April 2024, followed by Virtual Assets Businesses, Technology companies, Retail and E-commerce firms, and Financial Technology providers. These sectors often require fast and efficient international settlement, making stablecoins a very attractive alternative to traditional banking systems.
Despite growing adoption, the report also found that knowledge gaps are still an issue. Survey respondents showed differing expectations regarding settlement times and transaction costs. While more than half believed stablecoin transfers settle instantly, others expected transfers to take up to a day. Similarly, opinions on transfer fees varied quite a bit, even though actual stablecoin transaction costs are often below 1%.
Paybis executives argue that stablecoins have grown from a niche cryptocurrency product into critical business infrastructure. However, they believe that adoption will depend on improving the payment infrastructure surrounding stablecoins, including easier access to banking services, payment rails, and regulatory-compliant on-ramp and off-ramp solutions.