It is a section of the Empire Newsletter. To read full versions, subscribe.
According to a new report by Artemis, Dragonfly and Castle Island Ventures, trade-to-business (B2B if you do) Stabelcoin transactions are gaining momentum.
Report It was found that such a payment is an annual of $ 36 billion, which is a step at the rate of $ 18 billion at the rate of individual-to-person (P2P).
As you can see in the chart above, the volumes are actually raised on the B2B side of things, showing that the adoption we are talking about is getting heavy in the data. Love to see it.
The study states that USDT wins the popularity competition in these payments, but USDC has about 30% of the monthly volume.
Rob Headic of Dragonfly told me, “I hoped that circle would have done a little better.” “The reality is this, today, it is still between 80% and 90%. There are some indications that perhaps the circle B2B is receiving on the side, but we have not yet seen that one in the data.”
On the negative side, however, it seems that the P2P may struggle slightly.
You can see that the volume looked at the peak earlier this year, but especially despite a very rapid atmosphere for Stabelines, there is not much jump.
Headic told me that he was surprised to see the P2P market hitting such a wall. He said that the most recent of Worldpe Report It has been shown that account-to-pay payments are more trending and are becoming the fastest growing segments of payment worldwide.
So he read that the P2P StableCoin volume could be boosted by it, but clearly – as the data shows above – this is not the case. On the other hand, he was thrilled to see that B2B payments are growing quickly.
What did I stand for me is a small segment of business-to-consumer payment Too steady.
As you can see above, it seems that the P2P hit a high of almost the same time before leaving the B2C volume.
This is not meant to give up an increase in this year, which focuses on benance salary and orbital.
The study stated that the volume has increased significantly, in the beginning of 2023 from nearly $ 50 million per month to more than $ 300 million in early 2025.
Empire cum-mest Santiago Santos said in the round up of this week that B2B vs. B2C caught his eye.
“I think for the first time, such as B2B StableCoin transfer is now on or above the B2C, using Stabcoin, the institutes,” he said. “The quantity of now, or those who are using share institutions, are more than (retail) now.”
Even with some more stunning dataset, Headic told me that it is still very early for stabechoin use cases.
“The book is just being written,” said Headic. He still strongly believes that more companies will enter the space, and it will help promote the winners on a large scale.
Get news in your inbox. Explore blockwork newsletters:
