Stablecoins are no longer used only for cryptocurrency transactions

Stablecoins have gone beyond cryptocurrency transactions and remittances and are now driving cross-border payments and corporate financial management. Zodia Markets handles $30 billion to $40 billion in USD-backed stablecoin transactions for commodity traders and shipping companies every year. Bitso reported that from July 2024 to June 2025, stablecoin transaction share doubled to 19.5%, with payment aggregators and gaming platforms being the fastest-growing adopters. The recent U.S. Genius Act provides regulatory clarity that enables Visa to expand stablecoin settlement services to the U.S. market.