Paybis: Stablecoins emerging as key tool for B2B payments

Cryptocurrency trading and payment infrastructure provider Paybis has announced that approximately 98% of the stablecoin remittances processed on its platform between January and April of this year originated from corporate customers. This marks a significant increase from 36% in 2023. Paybis noted that stablecoins are rapidly gaining traction as a method for business-to-business (B2B) international remittances and settlements. The digital goods, virtual asset, technology, e-commerce, and fintech sectors were particularly active, accounting for over 78% of all corporate stablecoin activity. Additionally, a survey revealed that 22.5% of respondent companies are either already using stablecoins for international payments or plan to adopt them within the next 12 months.