Paybis Says Businesses Account for 98% of Stablecoin Payout Volume From January to April

Stablecoins are increasingly being used for business-to-business payments, with Paybis saying businesses accounted for 98% of the stablecoin payout volume on its platform from January through April.

Paybis also said global stablecoin payment volume totaled about $390 billion, with roughly 60% generated by business-to-business transactions, while DefiLlama data put global stablecoin market capitalization at about $319.5 billion.

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In Paybis’s reporting, stablecoins represented 86% of all cryptocurrency transaction volume on the Paybis platform in April, up from 12% in July 2023.

The shift is reflected in Paybis’s internal data, which it said rose from 36% of stablecoin volume in 2023 to nearly 98% throughout 2025 and the first months of 2026.

Paybis’s survey results also found that 22.5% of companies surveyed said they already use stablecoins for cross-border remittances or plan to adopt them within the next 12 months.

Despite the growing B2B use, Paybis said business decision-makers still misjudge stablecoin settlement speed and transfer costs, with 53% of respondents expecting international stablecoin transfers to settle instantly.

In the same survey, 47% expected settlement to take between one hour and one day, including 17.4% who expected it to take a full day, while fee expectations were split between 3% and 0.01%.

CoinDesk

Paybis reported that stablecoin payment costs are typically below 1% and usually settle within seconds to minutes, depending on the network.

Konstantins Vasilenko, Co-Founder and CBDO of Paybis, framed the trend as stablecoins moving from a crypto niche to business infrastructure, saying, “Stablecoins have moved from a crypto niche to business infrastructure.”

He added that “B2B is now the overwhelming majority of volume on our platform,” driven by companies that need faster cross-border settlement and treasury movement.

MoneyGram announced on Tuesday the launch of its US dollar-backed stablecoin, MGUSD, on the Stellar blockchain, with the token first available to American users.

“MoneyGram launches a stablecoin on Stellar, joining the rush toward digital-dollar payments”

CoinDesk

CoinDesk said MGUSD is issued by Bridge, Stripe’s subsidiary, with smart contracts from M0 and wallet infrastructure from Fireblocks, and that it will be integrated into the MoneyGram app for customers to hold a dollar-denominated balance in a self-custody wallet.

MoneyGram said the stablecoin is designed for its customers, including “for families who send money home, and for the billions of people around the world with limited financial access,” in comments from Anthony Soohoo, president and CEO of MoneyGram.

The launch builds on MoneyGram’s relationship with the Stellar Development Foundation, a partnership that focused on stablecoin-powered remittance services over the last five years.

Denelle Dixon, CEO of the Stellar Development Foundation, said in a press release that “MGUSD is the next step that demonstrates what a blockchain designed for this purpose can offer when paired with a trusted payments network.”