Stablecoins hit $135B in non-wholesale cross-border payments

Homepage > News > Finance > Stablecoins hit $135B in non-wholesale cross-border payments An analysis by FXC Intelligence, using Allium’s data, found that stablecoins were used for an estimated $135 billion in non-wholesale cross-border payments in 2025, which equals 0.31% of the $44 trillion market, Asian Banking and Finance reported on August 10. The figure is up from the $82 billion report in 2024, when stablecoins accounted for 0.2% of $40.5 trillion in cross-border payments. Business-to-business payments remained the largest use case for stablecoins and traditional currency transactions, accounting for 79% of cross-border payments in traditional currency and 49% of payments in stablecoins. Consumer-to-consumer transfers accounted for 15% of stablecoin volumes, compared with 5% of traditional currency payments. Business-to-consumer payments recorded 14% of stablecoin transactions and 5% of traditional currency payments, while consumer-to-business payments accounted for 22% of stablecoin volumes, double their 11% share of traditional currency flows. The data indicates that, although stablecoins are growing rapidly and seeing increased usage in consumer transactions, the ...