Stablecoins are the go-to payment mode for businesses, and the numbers are starting to show it. With EURC posting mammoth growth and new players like USD1 gaining ground, is the category moving faster than expected?
B2B is where stablecoin payments are scaling the fastest
With improved regulations in the last year, stablecoin usage surged. This is especially true with B2B transactions, where traditional payments are slow, costly, and operationally heavy.
Source: X
Recent data showed B2B stablecoin payments growing far faster than other use cases, outpacing card-linked spending, P2P transfers, and B2C payouts by a wide margin.
The appeal is that stablecoins simplify cross-border and multi-currency settlements while cutting out intermediaries. They also reduce settlement times from days to minutes.
While consumer-facing use cases continue to grow steadily, B2B payments is the sphere where stablecoins are clearly gaining traction.
Numbers are stacking up!
Source: X
In recent days, it’s been made clear that the stablecoin category is actively scaling.
The latest in the category is that Circle’s euro-backed EURC’s market cap has jumped roughly 300% year-on-year (YoY), reaching close to $400 million by January 2026.
There’s a huge push into the EU market with improved legalities that work in favor of growth.
Source: X
On the other hand, dollar-based stablecoins are dominating in volume. USDC usage on Ethereum is at an all time high, with quarterly transfer volumes up nearly 400% YoY, surpassing $4.5 trillion in Q4 2025.
The real payment and settlement use cases have increased drastically in the days since.
Source: X
Newer entrants are moving fast as well. USD1, issued by Trump-backed World Liberty Financial (WLFi), is already closing in on the top tier of stablecoins by market cap.
The coin is projected to be in the top 3 by market cap soon, at the current pace.
Final Thoughts
- B2B payments are the fastest-growing stablecoin use case.
- With EURC up 300% YoY and USDC moving $4.5T in a quarter, stablecoins are growing.
