Stablecoins Break the $300B Barrier
Hey Payments Fanatic!
For the first time, the global stablecoin market surpassed a total capitalization of $300 billion, with average daily transaction volumes reaching $3.1 trillion this October.
Monthly stablecoin payments exceeded $10 billion as of August 2025, with 63% of that volume driven by business-to-business (B2B) transactions, according to a Binance Research report.
Tether’s USD-pegged stablecoin USDT and Circle’s USDC remain the dominant duo in the market, together accounting for 84% of the circulating supply.
While trading accounts for most of these transactions, businesses are a major force behind the momentum. Traditional payment systems involve several intermediaries, each taking a cut for smaller businesses.
Stablecoins offer a cheaper, more direct alternative. A September 2025 survey by Ernst & Young, cited in the report, found that 62% of respondents had used stablecoins to pay overseas suppliers, while 53% accepted them for cross-border business.
Read more global payments industry updates below 👇 and I'll be back with more tomorrow!
Cheers,
INSIGHTS
🇧🇷 Pix just had another record-breaking half year in Brazil, and the numbers are absolutely wild 🤯
NEWS
🌍 Global stablecoin market crosses $300 billion in m-cap. This comes as stablecoins are expanding from their early role in crypto trading into wider use across payments, savings, and business transactions. Monthly stablecoin payments have grown to over $10 billion as of August 2025, with 63% of the volume cornered by business-to-business (B2B) transactions.
🌎 dLocal and Félix launch instant, stablecoin-funded WhatsApp remittances across Latin America. By partnering with Félix, dLocal can enable real-time, stablecoin-powered transactions that enhance the user experience and strengthen payment infrastructure.
🇺🇸 sunday raises $21m to grow the payment platform used by 80m diners. This new investment follows a year of hypergrowth. sunday has tripled in size, as its alternative to traditional payment terminals becomes the new standard: from the coolest burger joints in America to Michelin-starred icons, cult favorites, global nightlife leaders, and leading multi-brand groups.
🇬🇧 Lloyds clinches £120m deal for digital wallet provider Curve. Lloyds Banking Group has formally signed a controversial agreement to acquire Curve, which had ambitions to become one of the UK's most prominent FinTech champions. Read more
🇬🇧 Ebury launches mobile app for global payments and FX Management. The app allows users to make payments, approve transfers, and convert funds directly from their mobile devices. Clients can monitor transactions in real time, check account balances, and respond to approvals within seconds.
🇨🇳 Alibaba taps JPMorgan to build stablecoin-like payments system for its $35b commerce network. The system uses a stablecoin-like model and is being developed with JPMorgan’s tokenization technology. The network is designed to streamline cross-border B2B payments using tokenized fiat and AI-powered smart contracts.
🇺🇸 FIS launches GETPAID and Treasury Risk Manager Integrity Edition on the Microsoft marketplace. FIS Treasury and Risk Manager Integrity Edition enables organizations to manage liquidity, market risk, and regulatory compliance with precision and agility, while providing treasurers with new, innovative, and AI-based solutions such as Treasury GPT.
🇷🇴 Banca Transilvania and BPC deliver Romania’s EU Digital Identity wallet payment. The wallet provides a single, interoperable identity framework across the EU, cutting cross‑border KYC friction and allowing banks to draw on verified attributes such as income, residency, or employment during onboarding and credit scoring.
🇦🇲 Idram announces partnership with WeChat Pay. As part of this collaboration, WeChat Pay users will likewise be able to make payments in Armenia at more than 25,000 merchant locations by simply scanning Idram’s QR code with their app. Keep reading
🌍 XTransfer and Maybank enter into a strategic partnership at the Singapore FinTech Festival 2025. Under the collaboration, XTransfer and Maybank will harness their respective strengths to deliver one-stop cross-border financial solutions, spanning domestic and cross-border payments and FX conversion, across key ASEAN markets, Hong Kong, the United Kingdom, and the United States.
🇵🇷 Evertec abandons the Sinqia brand, plans new acquisitions, and aims for US$1 billion in revenue. At an event for partners, Evertec reinforced its ambition to expand its presence in different segments of the financial sector. And it made clear that Brazil, where it has more than 1,000 clients, is a priority for business growth in Latin America.
🇮🇳 Infibeam Avenues secures RBI approval for physical payment aggregation. The approval allows the company to extend its payment processing services to the physical retail segment. This expansion enables Infibeam Avenues to offer comprehensive payment solutions for online and offline merchants, potentially strengthening its position in the FinTech landscape and opening new revenue streams.
🇸🇬 Mizuho Bank accelerates ISO 20022 Compliance and Streamlines Payments with Boomi. The project enables seamless customer onboarding, simplified payment instructions, and future-ready scalability, all while shielding clients from the complexity of regulatory change.
🌏 Paymentology brings PayCredit to APAC as Singapore FinTech Festival Marks 10 Years. The advanced credit ledger unifies card issuing and credit logic on a single platform, enabling financial institutions to launch tailored credit products faster, with region-specific configuration and precise control over repayment terms.
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