A recent report from Paybis highlights a major shift in how businesses handle international transactions. The platform, boasting 7 million users, unveiled the data at Money20/20 Europe in Amsterdam, showing that stablecoins now constitute 86% of its crypto volume as of April 2026—up dramatically from just 12% in July 2023. This surge underscores the growing utility of dollar-pegged tokens in corporate finance, moving beyond retail speculation.
The study found that 22.5% of businesses either currently use stablecoins for cross-border payments or intend to within the next year. B2B clients are the primary drivers, accounting for 97.8% of stablecoin volume from January to April 2026. Total stablecoin volume hit $2.81 billion in May 2026, with a 135% increase in the January-April period compared to the previous year. These figures align with broader industry trends, as Mastercard recently expanded its support for stablecoin settlements across multiple blockchains.
Five sectors lead the adoption wave: Digital Goods (21.4%), Virtual Assets Businesses (15.8%), Technology (15.1%), Retail and E-commerce (14.5%), and Financial Technology (11.6%). These industries often require fast, low-cost international payments, making stablecoins an attractive alternative to traditional banking rails.
Despite the clear benefits, the report reveals knowledge gaps that could hinder further adoption. For instance, 53% of respondents expect stablecoin transfers to settle instantly, while 47% anticipate settlement within one hour to one day. Similarly, opinions on fees vary widely: 33.3% expect costs around 3%, and 32% expect as low as 0.01%. In reality, stablecoin fees often remain below 1%. Paybis Co-Founder and CBDO Konstantins Vasilenko emphasized, ‘Stablecoins have moved from a crypto niche to business infrastructure.’ He noted that companies use them for faster cross-border settlements and treasury movements. ‘What’s missing is plumbing,’ Vasilenko added, explaining that Paybis provides a unified API for stablecoin payment flows, including dedicated IBANs and on/off-ramps under its licenses.