Juniper Research Sees Cross-Border B2B Stablecoin Payments Reaching $5 Trillion by 2035

Stablecoins, typically pegged to fiat currencies such as the U.S. dollar, were initially used mainly to trade digital assets and move funds between crypto platforms. Their round-the-clock availability and rapid settlement are now attracting broader use in cross-border transfers, merchant payments and digital financial services. The shift is important because it positions stablecoins as a potential bridge between blockchain networks and traditional finance, rather than merely a source of liquidity for cryptocurrency markets.

Stablecoin transfer volume reached $33 trillion in 2025, underscoring the expanding scale of activity beyond exchange-based trading. The figure suggests the tokens are increasingly functioning as underlying payment rails across physical and digital commerce. Wider adoption will depend on regulatory clarity, transparent and liquid reserves, and integration by payment companies, banks and merchants, but the 2025 total marks a significant step in stablecoins’ transition from a crypto-market instrument to mainstream financial infrastructure.

Stablecoins maintain price stability by being pegged to assets such as the U.S. dollar. In recent years, they have expanded beyond cryptocurrency trading into corporate cross-border settlement. Compared with traditional bank wires, stablecoins can accelerate settlement and reduce intermediary and foreign-exchange fees. Payments infrastructure company Cybrid says this shift is driving growth in B2B payments, though regulatory clarity remains critical to adoption at scale.

Cybrid's latest survey found that 42% of companies already use stablecoins for cross-border payments, with existing users saving an average of 47% on costs. A further 88% plan to adopt them within 12 months of the report's publication, with overall cost savings estimated at more than 35%. Despite rapidly rising corporate demand, inconsistent regulatory frameworks and compliance requirements across countries remain the main barriers to widespread adoption.

Stablecoins maintain a steady value by pegging themselves to assets such as the U.S. dollar. Their use is gradually expanding beyond cryptocurrency trading into cross-border remittances and everyday payments. Bitwise Chief Investment Officer Matt Hougan said the vast user bases and payment ecosystems of major technology companies such as Meta and DoorDash could make their formal adoption of stablecoins a key turning point for broader uptake.

Hougan recently said Meta and DoorDash have begun using stablecoins in payment pilots, indicating that technology platforms are exploring ways to cut settlement costs and improve payment efficiency. He predicted that the stablecoin market could grow to $4 trillion by 2030, with adoption by large technology companies bringing hundreds of millions of users into the market.

Stablecoins were originally used mainly for crypto trading and cross-border remittances, but they are increasingly becoming tools for corporate payments, collections and treasury settlement. Venture capital firm Andreessen Horowitz (a16z) said the shift toward domestic business payments shows that stablecoins are becoming part of mainstream financial infrastructure, making their regulatory and market impact increasingly important.

a16z's latest report showed that adjusted stablecoin transaction volume reached $4.5 trillion in the first quarter of 2026. Domestic payments accounted for 75%, while consumer-to-business (C2B) payment volume rose 128% year on year. Asia generated about two-thirds of global volume during the period, indicating that usage has expanded from cross-border transfers to local payments.

Stablecoins offer round-the-clock settlement through fiat-pegged assets and could reduce the costs, delays and prefunding burden associated with cross-border transfers. Citi and corporate treasury platform Stable Sea said companies are not seeking to replace the banking system. Instead, they are prioritizing specific payment corridors that are costly, slow or unreliable.

On April 9, 2026, PYMNTS interviewed Citi Head of Digital Assets Ryan Rugg and Stable Sea CEO Tanner Taddeo. The stablecoin market was worth about $315 billion at the time, but everyday consumer and commercial payments still accounted for only a single-digit share of activity. Stable Sea can provide same-day payments in more than 40 markets, although institutional transactions currently account for most of its volume.

Stablecoins maintain price stability by pegging their value to assets such as the US dollar. Their use has gradually expanded beyond crypto trading into cross-border remittances, corporate settlement and everyday payments. Chainalysis believes that if adoption continues to rise, stablecoins could exceed the current scale of global cross-border payments by 2035 and become the default payment infrastructure.

Chainalysis’ latest forecast says stablecoin transaction volumes could reach $1.5 quadrillion by 2035, driven by organic growth, maturing regulatory frameworks and an intergenerational wealth transfer. Separate reports cited a $719 trillion estimate, reflecting differences in methodology and growth scenarios, but both point to a sharp expansion in transaction volumes over the next decade.

Morph is an Ethereum Layer 2 project focused on increasing blockchain transaction speeds and reducing costs. Because stablecoins are typically pegged to fiat currencies such as the U.S. dollar, they can reduce exposure to crypto-asset volatility and are increasingly seen as an important tool for improving the efficiency of cross-border payments, remittances and settlement.

Morph’s latest forecast says stablecoins will capture 10% of the global cross-border payments market by 2030. Although the forecast does not provide a corresponding transaction value, the 10% penetration target suggests stablecoins could evolve from a medium for cryptocurrency trading into cross-border settlement infrastructure for companies and financial institutions.

Stablecoins maintain a steady value through backing by fiat currencies and other assets, combining round-the-clock blockchain settlement with efficient cross-border payments. They are gradually evolving from crypto trading instruments into corporate treasury tools. Ripple launched its U.S. dollar stablecoin, RLUSD, in December 2024, aiming to make payments a gateway for businesses adopting blockchain services.

Ripple CEO Brad Garlinghouse said on March 27, 2026, that stablecoins were poised for a “ChatGPT moment” in the business world. Stablecoin transaction volume exceeded $33 trillion in 2025, with nearly 90% coming from USDT and USDC. Bloomberg Intelligence expects the related payment flows to grow at a compound annual rate of 80%, reaching $56.6 trillion by 2030.