Stablecoins Go From Side Hustle to Suite: 42% of Businesses Already Onboard 💼

Business adoption of stablecoins is on the cusp of breaking into the mainstream, with 42% of companies already using the digital assets for cross-border payments and 88% saying they are likely or very likely to deploy them within the next 12 months, according to a new report from payments infrastructure firm Cybrid. Only 2% of respondents identified as committed users of traditional payment rails. Businesses using stablecoins reported average cross-border payment cost savings of 35%, with companies processing more than $100 million in monthly payment volume reporting average savings of up to 47%, according to the survey.

The global stablecoin market cap reached $307.64 billion, led by Tether's USDT at $184.7 billion and Circle's USDC at $73.51 billion, according to CoinGecko data. Stablecoins compliant with the GENIUS Act have grown to a market capitalization of more than $76 billion since the legislation established the first federal regulatory framework for payment stablecoins in the United States. The Cybrid report is based on a survey of 468 executives and business leaders conducted between April 28 and May 4 across the technology, financial services and ecommerce sectors in the United States, Canada and the United Kingdom, including C-suite executives, finance and treasury managers, and payments and operations leaders.

Payroll and contractor payments were the most common stablecoin use case among respondents, followed by supplier payments, customer payments, investment and yield generation, vendor payments, and treasury and liquidity management. Regulatory clarity was the top factor cited for boosting confidence in expanding stablecoin use, with 71% identifying it as more important than trusted infrastructure providers or integration with existing systems. Separately, payments infrastructure provider Paybis reported in June that business customers accounted for nearly 98% of stablecoin payout volume processed through its platform during the first four months of 2026, up from 36% in 2023. Paybis cited McKinsey research estimating that business-to-business transactions accounted for roughly 60% of the $390 billion in global stablecoin payment volume recorded in 2025.

Infrastructure providers have continued expanding to serve business demand. In May, Falcon Finance debuted the dollar-backed stablecoin fUSD through Anchorage Digital Bank's federally regulated issuance platform, targeting institutional trading, collateral and treasury workflows. Breez has also launched Bitcoin-to-stablecoin payments across more than 30 blockchains. On Monday, BNY expanded its digital asset custody platform to support USDC, allowing institutional clients to store, transfer, mint and redeem the stablecoin.