A report released by Paybis during Money20/20 Europe in Amsterdam states that stablecoins are shifting from crypto transaction tools to corporate cross-border payments and cash management tools. The report shows that 22.5% of surveyed companies are already using stablecoins for international payments or plan to launch such solutions within the next 12 months.
Stablecoins now account for 86% of the market.
The company disclosed that the proportion of stablecoin transactions on its platform has been steadily increasing. In April 2026, stablecoins accounted for 86% of all crypto transactions on Paybis, compared to only 12% in July 2023.
These data reflect the expanding use of dollar-pegged stablecoins in cross-border settlements. For businesses that frequently conduct international payments and receipts, stablecoins are becoming an alternative to traditional banking channels.
- Stablecoin transactions accounted for 86% in April 2026.
- In July 2023, this proportion was 12%.
- 22.5% of surveyed companies have already used or plan to use stablecoins for payments.
Enterprise clients contributed nearly all transactions
Paybis stated that enterprise clients are the primary driver of stablecoin transaction growth. In 2025, B2B transactions accounted for 96.9% of the platform's total stablecoin transaction volume; in the first four months of 2026, this proportion further increased to 97.8%.
The company also disclosed that the total trading volume of stablecoins on its platform reached $2.81 billion in May 2026. Stablecoin activity from January to April 2026 increased by 135% compared to the same period last year.
This means that the use of stablecoins on the platform is now almost entirely driven by enterprise payment scenarios, while the importance of retail transactions has relatively declined.
Leading the use of digital goods industry
In terms of industry distribution, since April 2024, the digital goods industry has accounted for the largest share of B2B stablecoin trading volume. This is followed by virtual asset-related companies, technology companies, retail and e-commerce companies, and fintech companies.
These industries typically have higher frequency of cross-border settlement needs and are more sensitive to the speed of settlement and the efficiency of capital turnover, making them more likely to adopt stablecoins as payment tools.
However, the report also shows that businesses have differing perceptions of stablecoin payments. Some respondents believe transfers can be completed instantly, while others expect it to take about a day. There are also differing opinions on transaction fees, although the actual cost of stablecoin transfers is typically less than 1%.
Additional information:Paybis believes that for stablecoins to further expand corporate adoption, the supporting infrastructure still needs to be improved, including bank access, payment channels, and compliant deposit and withdrawal services.
