[{"data":1,"prerenderedAt":719},["ShallowReactive",2],{"content-\u002Fresources\u002Fmore\u002Fstablecoin-b2b-payments-by-region":3,"resources-category-stablecoin-b2b-payments-by-region":509},{"id":4,"title":5,"authors":6,"body":7,"categories":6,"category":476,"categoryType":6,"compare":6,"contributors":6,"date":477,"description":478,"extension":479,"faq":480,"howto":6,"isBlog":499,"isChangelog":499,"meta":500,"navigation":502,"path":503,"pillar":499,"products":6,"rawbody":504,"role":6,"seo":505,"seoTitle":506,"stem":507,"thumbnail":6,"updated":477,"__hash__":508},"content\u002Fresources\u002Fmore\u002Fstablecoin-b2b-payments-by-region.md","Stablecoin B2B payments in 2025: volume, regions, and what the data misses",null,{"type":8,"value":9,"toc":464},"minimark",[10,14,30,36,55,64,69,72,75,175,178,182,185,188,191,195,198,268,271,274,278,281,284,292,296,299,371,383,387,390,399,402,429,432,436,439,442,449,453,456],[11,12,13],"p",{},"B2B stablecoin payments reached about $226 billion in 2025, roughly 60% of all real stablecoin payments, according to McKinsey and Artemis Analytics. That is about 0.01% of global B2B volume, but it grew 733% in a year. By origin, Asia leads at about $245 billion of all stablecoin payments, while Latin America and Africa each sent under $1 billion.",[11,15,16,17,24,25,29],{},"Those numbers come from one source: McKinsey's ",[18,19,23],"a",{"href":20,"rel":21},"https:\u002F\u002Fwww.mckinsey.com\u002Findustries\u002Ffinancial-services\u002Four-insights\u002Fstablecoins-in-payments-what-the-raw-transaction-numbers-miss",[22],"nofollow","February 18, 2026 analysis with Artemis Analytics",", which filtered on-chain data down to transactions that look like real payments. If you need the basics first, start with ",[18,26,28],{"href":27},"\u002Fresources\u002Fmore\u002Fblockchain-payments-vs-crypto-payments","blockchain payments vs crypto payments",".",[11,31,32],{},[33,34,35],"strong",{},"Key takeaways",[37,38,39,43,46,49,52],"ul",{},[40,41,42],"li",{},"Actual stablecoin payments were about $390 billion in 2025, against up to $35 trillion in reported on-chain volume.",[40,44,45],{},"B2B is the biggest segment: about $226 billion, roughly 60% of the total, up 733% year over year.",[40,47,48],{},"By origin, Asia sent about $245 billion, North America $95 billion, Europe $50 billion. Latin America and Africa each sent under $1 billion.",[40,50,51],{},"The regional split covers all stablecoin payments by where they start, not B2B alone.",[40,53,54],{},"Scale depends on the edges: fiat on-ramps, local off-ramps, and compliance, not on the chain.",[56,57,58],"blockquote",{},[11,59,60,63],{},[33,61,62],{},"Definition:"," A B2B stablecoin payment is a payment between two businesses where value moves as a dollar-backed stablecoin such as USDC or USDT, typically for supplier invoices, intercompany transfers, or settlement with payment partners. The payer and payee may never touch the stablecoin if a provider converts on both ends.",[65,66,68],"h2",{"id":67},"what-does-the-2025-data-say-about-stablecoin-payments","What does the 2025 data say about stablecoin payments?",[11,70,71],{},"Real stablecoin payments were about $390 billion in 2025, roughly 0.02% of global payments, and more than double the 2024 level. B2B was the largest use, and every other segment was much smaller.",[11,73,74],{},"Here is every figure from the McKinsey and Artemis analysis, as published on February 18, 2026.",[76,77,78,94],"table",{},[79,80,81],"thead",{},[82,83,84,88,91],"tr",{},[85,86,87],"th",{},"Metric (2025)",[85,89,90],{},"Value",[85,92,93],{},"Context",[95,96,97,109,120,131,142,153,164],"tbody",{},[82,98,99,103,106],{},[100,101,102],"td",{},"Reported stablecoin transaction volume",[100,104,105],{},"Up to $35 trillion a year",[100,107,108],{},"Mostly trading, internal transfers, automated activity",[82,110,111,114,117],{},[100,112,113],{},"Actual stablecoin payments",[100,115,116],{},"About $390 billion",[100,118,119],{},"About 0.02% of global payments, more than double 2024",[82,121,122,125,128],{},[100,123,124],{},"B2B payments",[100,126,127],{},"About $226 billion",[100,129,130],{},"Roughly 60% of the total, up 733% year over year",[82,132,133,136,139],{},[100,134,135],{},"Share of global B2B volume",[100,137,138],{},"About 0.01%",[100,140,141],{},"Global B2B is roughly $1.6 quadrillion",[82,143,144,147,150],{},[100,145,146],{},"Global payroll and remittances",[100,148,149],{},"About $90 billion",[100,151,152],{},"Under 1% of a $100 trillion+ segment, about $1.2 trillion of it cross-border",[82,154,155,158,161],{},[100,156,157],{},"Capital markets settlement",[100,159,160],{},"About $8 billion",[100,162,163],{},"Under 0.01% of $200 trillion in settlement",[82,165,166,169,172],{},[100,167,168],{},"Stablecoin-linked card spending",[100,170,171],{},"$4.5 billion",[100,173,174],{},"Up 673% from 2024",[11,176,177],{},"The lesson is in the first two rows. Most of what blockchain dashboards report as \"volume\" is not payments.",[65,179,181],{"id":180},"why-is-35-trillion-in-stablecoin-volume-not-35-trillion-in-payments","Why is $35 trillion in stablecoin volume not $35 trillion in payments?",[11,183,184],{},"Because a blockchain records that value moved, not why it moved. Most of the movement is trading and plumbing, not a business paying another business.",[11,186,187],{},"McKinsey lists four kinds of activity that inflate raw volumes: exchanges and custodians moving money between their own wallets, smart contracts moving the same capital repeatedly, liquidity management and arbitrage, and protocol mechanics that split one action into many on-chain steps. Its advice is direct: treat raw volumes as a starting point for analysis, not as a proxy for payment adoption.",[11,189,190],{},"For a business case, that changes the denominator. A stablecoin payments strategy sized against $35 trillion is sized against trading desks. Sized against $390 billion, it's sized against actual payers.",[65,192,194],{"id":193},"where-do-stablecoin-payments-come-from-by-region","Where do stablecoin payments come from, by region?",[11,196,197],{},"Asia sends the most, by a wide margin. McKinsey and Artemis estimate payments sent from Asia at about $245 billion in 2025, then North America at $95 billion and Europe at $50 billion.",[76,199,200,213],{},[79,201,202],{},[82,203,204,207,210],{},[85,205,206],{},"Region of origin (2025)",[85,208,209],{},"Stablecoin payments sent",[85,211,212],{},"What McKinsey notes",[95,214,215,226,237,248,259],{},[82,216,217,220,223],{},[100,218,219],{},"Asia",[100,221,222],{},"About $245 billion",[100,224,225],{},"Driven almost entirely by Singapore, Hong Kong, and Japan",[82,227,228,231,234],{},[100,229,230],{},"North America",[100,232,233],{},"$95 billion",[100,235,236],{},"Second largest source",[82,238,239,242,245],{},[100,240,241],{},"Europe",[100,243,244],{},"$50 billion",[100,246,247],{},"Third largest source",[82,249,250,253,256],{},[100,251,252],{},"Latin America",[100,254,255],{},"Under $1 billion",[100,257,258],{},"Each region below $1 billion",[82,260,261,264,266],{},[100,262,263],{},"Africa",[100,265,255],{},[100,267,258],{},[11,269,270],{},"Two things to read carefully. First, this table counts all stablecoin payments by origin, not only B2B. Second, McKinsey describes Asia's share as 60% of the total; $245 billion of $390 billion works out closer to 63%, so treat the share as rounded.",[11,272,273],{},"McKinsey's own reading: activity is uneven across regions and corridors, and scale will depend on local market structure and constraints.",[65,275,277],{"id":276},"why-does-latin-america-look-so-small-in-the-data","Why does Latin America look so small in the data?",[11,279,280],{},"Because the data counts where a payment starts, and Latin America is mostly where payments end. A US company paying a supplier in Brazil shows up as a North American payment.",[11,282,283],{},"That is our reading of the methodology, not a McKinsey claim, but it fits what payment teams see. Latin American businesses receive dollars from abroad far more often than they send stablecoin payments out. The receiving side is where the work is: converting USDC into reais, pesos, or Colombian pesos and landing it in a local bank account.",[11,285,286,287,291],{},"There is a second factor. Starting a stablecoin payment requires an on-ramp, a way to turn local currency into stablecoins. The ",[18,288,290],{"href":289},"\u002Fresources\u002Fmore\u002Fstablecoins-local-rails-latin-america","guide to stablecoins plus local rails in Latin America"," shows why instant rails like Pix and SPEI make the last mile fast, and why the first mile from local currency into stablecoins is still the harder part.",[65,293,295],{"id":294},"how-are-businesses-using-stablecoins-for-b2b-payments","How are businesses using stablecoins for B2B payments?",[11,297,298],{},"Mostly for cross-border flows where bank rails are slow or expensive. McKinsey points to supply chain payments and liquidity management, especially for small and medium-size businesses.",[76,300,301,314],{},[79,302,303],{},[82,304,305,308,311],{},[85,306,307],{},"Use case",[85,309,310],{},"Why stablecoins fit",[85,312,313],{},"What blocks scale",[95,315,316,327,338,349,360],{},[82,317,318,321,324],{},[100,319,320],{},"Supplier invoices abroad",[100,322,323],{},"Settles in minutes, any day, without correspondent hops",[100,325,326],{},"Supplier wants local currency, not USDC",[82,328,329,332,335],{},[100,330,331],{},"Intercompany transfers",[100,333,334],{},"Moves treasury between entities outside banking hours",[100,336,337],{},"Accounting and FX policy for holding stablecoins",[82,339,340,343,346],{},[100,341,342],{},"Paying payment partners and PSPs",[100,344,345],{},"Settles net positions without pre-funded accounts",[100,347,348],{},"Partner must accept or off-ramp stablecoins",[82,350,351,354,357],{},[100,352,353],{},"Marketplace and platform payouts",[100,355,356],{},"One funding source, many local payouts",[100,358,359],{},"KYB on every seller, local rail coverage",[82,361,362,365,368],{},[100,363,364],{},"Collections from foreign customers",[100,366,367],{},"Payer sends a bank transfer, payee receives stablecoins",[100,369,370],{},"Payer-side bank details and reconciliation",[11,372,373,374,378,379,29],{},"The ",[18,375,377],{"href":376},"\u002Fresources\u002Fmore\u002Fblockchain-payment-use-cases","seven blockchain payment use cases"," walk through each flow step by step. For the B2B wire comparison, see ",[18,380,382],{"href":381},"\u002Fresources\u002Fmore\u002Fstablecoin-vs-swift-b2b-payments","stablecoins vs SWIFT for B2B payments",[65,384,386],{"id":385},"what-is-missing-for-b2b-stablecoin-payments-to-scale","What is missing for B2B stablecoin payments to scale?",[11,388,389],{},"The edges of the payment. On-chain transfers are cheap and fast, but the fiat steps on each side carry most of the cost and most of the operational work.",[11,391,392,393,398],{},"A ",[18,394,397],{"href":395,"rel":396},"https:\u002F\u002Fwww.federalreserve.gov\u002Feconres\u002Fnotes\u002Ffeds-notes\u002Fpayment-stablecoins-and-cross-border-payments-benefits-and-implications-for-monetary-policy-20260330.html",[22],"March 30, 2026 Federal Reserve FEDS note"," makes the point plainly: the on-chain cost of sending stablecoins between parties that already hold them is likely to be small, but there may be greater on-ramp and off-ramp costs to exchange stablecoins for fiat. The same note describes the GENIUS Act, passed in July 2025, as the US framework for payment stablecoins.",[11,400,401],{},"In practice, four gaps decide whether a corridor grows:",[403,404,405,411,417,423],"ol",{},[40,406,407,410],{},[33,408,409],{},"Local off-ramps."," The supplier needs local currency in a bank account, fast and at a fair rate.",[40,412,413,416],{},[33,414,415],{},"Fiat on-ramps."," The payer needs a cheap way into stablecoins from a bank account.",[40,418,419,422],{},[33,420,421],{},"Compliance."," KYB on both businesses, sanctions screening, and transaction monitoring on every flow.",[40,424,425,428],{},[33,426,427],{},"Reconciliation."," Finance teams need one reference per invoice and statuses they can match to their ledger.",[11,430,431],{},"McKinsey's advice to financial institutions lines up: ground business cases in actual adoption patterns, and invest selectively in the fastest-growing use cases.",[65,433,435],{"id":434},"where-does-blindpay-fit-in-the-b2b-data","Where does BlindPay fit in the B2B data?",[11,437,438],{},"BlindPay works on the receiving edge the data shows is thin. It converts stablecoins into local currency and pays bank accounts over local rails, so a supplier in Latin America receives a normal bank deposit.",[11,440,441],{},"Payouts run over Pix in Brazil, SPEI in Mexico, Transfers in Argentina, ACH in Colombia, SEPA in Europe, and ACH, wire, RTP, and SWIFT (POBO\u002FCOBO) from the US. Each payout starts from a quote that locks the rate and shows every fee before you execute. BlindPay is backed by Y Combinator and handles about $2.5 billion in annualized volume across 100+ countries.",[11,443,444,445,29],{},"To compare rails for a specific supplier or contractor payment, see ",[18,446,448],{"href":447},"\u002Fresources\u002Fmore\u002Fwhich-payment-rail-by-scenario","which payment rail wins by scenario",[65,450,452],{"id":451},"what-to-do-next","What to do next",[11,454,455],{},"Size your stablecoin plan against real payment volume in your corridors, not on-chain totals. Pick the one cross-border supplier payment you make most often, price it against what arrives today by wire, and test it end to end.",[11,457,458,459,463],{},"Read the ",[18,460,462],{"href":461},"\u002Fdocs\u002Fpayouts","BlindPay payouts docs"," to see how a USDC payout reaches a supplier's bank account in Brazil, Mexico, Argentina, or Colombia.",{"title":465,"searchDepth":466,"depth":466,"links":467},"",2,[468,469,470,471,472,473,474,475],{"id":67,"depth":466,"text":68},{"id":180,"depth":466,"text":181},{"id":193,"depth":466,"text":194},{"id":276,"depth":466,"text":277},{"id":294,"depth":466,"text":295},{"id":385,"depth":466,"text":386},{"id":434,"depth":466,"text":435},{"id":451,"depth":466,"text":452},"stablecoins","2026-10-04","B2B stablecoin payments hit $226 billion in 2025, per McKinsey and Artemis. Where payments start, why Latin America looks tiny, and what blocks scale.","md",[481,484,487,490,493,496],{"q":482,"a":483},"How big are B2B stablecoin payments?","About $226 billion a year, according to a February 2026 McKinsey analysis with Artemis Analytics based on 2025 activity. That is roughly 60% of all real stablecoin payments and about 0.01% of global B2B payment volume of roughly $1.6 quadrillion. B2B stablecoin payments grew 733% year over year, the fastest of any segment McKinsey measured.",{"q":485,"a":486},"How much of reported stablecoin volume is actual payments?","A small share. Reported stablecoin transaction volume reaches up to $35 trillion a year, but McKinsey and Artemis found actual payments of about $390 billion in 2025. The rest is mostly trading, exchanges moving funds between their own wallets, and automated smart contract activity. The $390 billion figure more than doubled from 2024 levels.",{"q":488,"a":489},"Which region sends the most stablecoin payments?","Asia. McKinsey and Artemis estimate that payments sent from Asia totaled about $245 billion in 2025, followed by North America at $95 billion and Europe at $50 billion. Activity from Asia is driven almost entirely by payments sent from Singapore, Hong Kong, and Japan. These figures cover all stablecoin payments by origin, not only B2B.",{"q":491,"a":492},"Why does Latin America show under $1 billion in stablecoin payments?","McKinsey counts payments by where they are sent from, and Latin America and Africa each originated less than $1 billion in 2025. Latin America is often the receiving end of a corridor, so a payment from the US to Brazil counts as North American. Local off-ramp access and market structure also limit how much payment activity starts there.",{"q":494,"a":495},"Are stablecoins a big part of global B2B payments yet?","No. At about $226 billion against roughly $1.6 quadrillion in global B2B payments, stablecoins carry about 0.01% of the market, per McKinsey. The growth rate is high, at 733% year over year, but the base is small. Business cases should rest on real corridor volumes, not on headline on-chain totals.",{"q":497,"a":498},"What stops B2B stablecoin payments from scaling?","Mostly the edges of the payment. The on-chain transfer is cheap, but a Federal Reserve note from March 2026 points out that on-ramp and off-ramp costs, swapping between fiat and stablecoins, can be larger. Suppliers want local currency in a bank account, finance teams need reconciliation, and every flow needs KYB and sanctions checks.",false,{"author":501},"BlindPay Team",true,"\u002Fresources\u002Fmore\u002Fstablecoin-b2b-payments-by-region","---\ntitle: \"Stablecoin B2B payments in 2025: volume, regions, and what the data misses\"\nseoTitle: \"Stablecoin B2B payments by region: 2025 data\"\ndescription: \"B2B stablecoin payments hit $226 billion in 2025, per McKinsey and Artemis. Where payments start, why Latin America looks tiny, and what blocks scale.\"\ndate: \"2026-10-04\"\nupdated: \"2026-10-04\"\ncategory: \"stablecoins\"\nauthor: \"BlindPay Team\"\nfaq:\n  - q: \"How big are B2B stablecoin payments?\"\n    a: \"About $226 billion a year, according to a February 2026 McKinsey analysis with Artemis Analytics based on 2025 activity. That is roughly 60% of all real stablecoin payments and about 0.01% of global B2B payment volume of roughly $1.6 quadrillion. B2B stablecoin payments grew 733% year over year, the fastest of any segment McKinsey measured.\"\n  - q: \"How much of reported stablecoin volume is actual payments?\"\n    a: \"A small share. Reported stablecoin transaction volume reaches up to $35 trillion a year, but McKinsey and Artemis found actual payments of about $390 billion in 2025. The rest is mostly trading, exchanges moving funds between their own wallets, and automated smart contract activity. The $390 billion figure more than doubled from 2024 levels.\"\n  - q: \"Which region sends the most stablecoin payments?\"\n    a: \"Asia. McKinsey and Artemis estimate that payments sent from Asia totaled about $245 billion in 2025, followed by North America at $95 billion and Europe at $50 billion. Activity from Asia is driven almost entirely by payments sent from Singapore, Hong Kong, and Japan. These figures cover all stablecoin payments by origin, not only B2B.\"\n  - q: \"Why does Latin America show under $1 billion in stablecoin payments?\"\n    a: \"McKinsey counts payments by where they are sent from, and Latin America and Africa each originated less than $1 billion in 2025. Latin America is often the receiving end of a corridor, so a payment from the US to Brazil counts as North American. Local off-ramp access and market structure also limit how much payment activity starts there.\"\n  - q: \"Are stablecoins a big part of global B2B payments yet?\"\n    a: \"No. At about $226 billion against roughly $1.6 quadrillion in global B2B payments, stablecoins carry about 0.01% of the market, per McKinsey. The growth rate is high, at 733% year over year, but the base is small. Business cases should rest on real corridor volumes, not on headline on-chain totals.\"\n  - q: \"What stops B2B stablecoin payments from scaling?\"\n    a: \"Mostly the edges of the payment. The on-chain transfer is cheap, but a Federal Reserve note from March 2026 points out that on-ramp and off-ramp costs, swapping between fiat and stablecoins, can be larger. Suppliers want local currency in a bank account, finance teams need reconciliation, and every flow needs KYB and sanctions checks.\"\n---\n\nB2B stablecoin payments reached about $226 billion in 2025, roughly 60% of all real stablecoin payments, according to McKinsey and Artemis Analytics. That is about 0.01% of global B2B volume, but it grew 733% in a year. By origin, Asia leads at about $245 billion of all stablecoin payments, while Latin America and Africa each sent under $1 billion.\n\nThose numbers come from one source: McKinsey's [February 18, 2026 analysis with Artemis Analytics](https:\u002F\u002Fwww.mckinsey.com\u002Findustries\u002Ffinancial-services\u002Four-insights\u002Fstablecoins-in-payments-what-the-raw-transaction-numbers-miss), which filtered on-chain data down to transactions that look like real payments. If you need the basics first, start with [blockchain payments vs crypto payments](\u002Fresources\u002Fmore\u002Fblockchain-payments-vs-crypto-payments).\n\n**Key takeaways**\n\n- Actual stablecoin payments were about $390 billion in 2025, against up to $35 trillion in reported on-chain volume.\n- B2B is the biggest segment: about $226 billion, roughly 60% of the total, up 733% year over year.\n- By origin, Asia sent about $245 billion, North America $95 billion, Europe $50 billion. Latin America and Africa each sent under $1 billion.\n- The regional split covers all stablecoin payments by where they start, not B2B alone.\n- Scale depends on the edges: fiat on-ramps, local off-ramps, and compliance, not on the chain.\n\n> **Definition:** A B2B stablecoin payment is a payment between two businesses where value moves as a dollar-backed stablecoin such as USDC or USDT, typically for supplier invoices, intercompany transfers, or settlement with payment partners. The payer and payee may never touch the stablecoin if a provider converts on both ends.\n\n## What does the 2025 data say about stablecoin payments?\n\nReal stablecoin payments were about $390 billion in 2025, roughly 0.02% of global payments, and more than double the 2024 level. B2B was the largest use, and every other segment was much smaller.\n\nHere is every figure from the McKinsey and Artemis analysis, as published on February 18, 2026.\n\n| Metric (2025) | Value | Context |\n| --- | --- | --- |\n| Reported stablecoin transaction volume | Up to $35 trillion a year | Mostly trading, internal transfers, automated activity |\n| Actual stablecoin payments | About $390 billion | About 0.02% of global payments, more than double 2024 |\n| B2B payments | About $226 billion | Roughly 60% of the total, up 733% year over year |\n| Share of global B2B volume | About 0.01% | Global B2B is roughly $1.6 quadrillion |\n| Global payroll and remittances | About $90 billion | Under 1% of a $100 trillion+ segment, about $1.2 trillion of it cross-border |\n| Capital markets settlement | About $8 billion | Under 0.01% of $200 trillion in settlement |\n| Stablecoin-linked card spending | $4.5 billion | Up 673% from 2024 |\n\nThe lesson is in the first two rows. Most of what blockchain dashboards report as \"volume\" is not payments.\n\n## Why is $35 trillion in stablecoin volume not $35 trillion in payments?\n\nBecause a blockchain records that value moved, not why it moved. Most of the movement is trading and plumbing, not a business paying another business.\n\nMcKinsey lists four kinds of activity that inflate raw volumes: exchanges and custodians moving money between their own wallets, smart contracts moving the same capital repeatedly, liquidity management and arbitrage, and protocol mechanics that split one action into many on-chain steps. Its advice is direct: treat raw volumes as a starting point for analysis, not as a proxy for payment adoption.\n\nFor a business case, that changes the denominator. A stablecoin payments strategy sized against $35 trillion is sized against trading desks. Sized against $390 billion, it's sized against actual payers.\n\n## Where do stablecoin payments come from, by region?\n\nAsia sends the most, by a wide margin. McKinsey and Artemis estimate payments sent from Asia at about $245 billion in 2025, then North America at $95 billion and Europe at $50 billion.\n\n| Region of origin (2025) | Stablecoin payments sent | What McKinsey notes |\n| --- | --- | --- |\n| Asia | About $245 billion | Driven almost entirely by Singapore, Hong Kong, and Japan |\n| North America | $95 billion | Second largest source |\n| Europe | $50 billion | Third largest source |\n| Latin America | Under $1 billion | Each region below $1 billion |\n| Africa | Under $1 billion | Each region below $1 billion |\n\nTwo things to read carefully. First, this table counts all stablecoin payments by origin, not only B2B. Second, McKinsey describes Asia's share as 60% of the total; $245 billion of $390 billion works out closer to 63%, so treat the share as rounded.\n\nMcKinsey's own reading: activity is uneven across regions and corridors, and scale will depend on local market structure and constraints.\n\n## Why does Latin America look so small in the data?\n\nBecause the data counts where a payment starts, and Latin America is mostly where payments end. A US company paying a supplier in Brazil shows up as a North American payment.\n\nThat is our reading of the methodology, not a McKinsey claim, but it fits what payment teams see. Latin American businesses receive dollars from abroad far more often than they send stablecoin payments out. The receiving side is where the work is: converting USDC into reais, pesos, or Colombian pesos and landing it in a local bank account.\n\nThere is a second factor. Starting a stablecoin payment requires an on-ramp, a way to turn local currency into stablecoins. The [guide to stablecoins plus local rails in Latin America](\u002Fresources\u002Fmore\u002Fstablecoins-local-rails-latin-america) shows why instant rails like Pix and SPEI make the last mile fast, and why the first mile from local currency into stablecoins is still the harder part.\n\n## How are businesses using stablecoins for B2B payments?\n\nMostly for cross-border flows where bank rails are slow or expensive. McKinsey points to supply chain payments and liquidity management, especially for small and medium-size businesses.\n\n| Use case | Why stablecoins fit | What blocks scale |\n| --- | --- | --- |\n| Supplier invoices abroad | Settles in minutes, any day, without correspondent hops | Supplier wants local currency, not USDC |\n| Intercompany transfers | Moves treasury between entities outside banking hours | Accounting and FX policy for holding stablecoins |\n| Paying payment partners and PSPs | Settles net positions without pre-funded accounts | Partner must accept or off-ramp stablecoins |\n| Marketplace and platform payouts | One funding source, many local payouts | KYB on every seller, local rail coverage |\n| Collections from foreign customers | Payer sends a bank transfer, payee receives stablecoins | Payer-side bank details and reconciliation |\n\nThe [seven blockchain payment use cases](\u002Fresources\u002Fmore\u002Fblockchain-payment-use-cases) walk through each flow step by step. For the B2B wire comparison, see [stablecoins vs SWIFT for B2B payments](\u002Fresources\u002Fmore\u002Fstablecoin-vs-swift-b2b-payments).\n\n## What is missing for B2B stablecoin payments to scale?\n\nThe edges of the payment. On-chain transfers are cheap and fast, but the fiat steps on each side carry most of the cost and most of the operational work.\n\nA [March 30, 2026 Federal Reserve FEDS note](https:\u002F\u002Fwww.federalreserve.gov\u002Feconres\u002Fnotes\u002Ffeds-notes\u002Fpayment-stablecoins-and-cross-border-payments-benefits-and-implications-for-monetary-policy-20260330.html) makes the point plainly: the on-chain cost of sending stablecoins between parties that already hold them is likely to be small, but there may be greater on-ramp and off-ramp costs to exchange stablecoins for fiat. The same note describes the GENIUS Act, passed in July 2025, as the US framework for payment stablecoins.\n\nIn practice, four gaps decide whether a corridor grows:\n\n1. **Local off-ramps.** The supplier needs local currency in a bank account, fast and at a fair rate.\n2. **Fiat on-ramps.** The payer needs a cheap way into stablecoins from a bank account.\n3. **Compliance.** KYB on both businesses, sanctions screening, and transaction monitoring on every flow.\n4. **Reconciliation.** Finance teams need one reference per invoice and statuses they can match to their ledger.\n\nMcKinsey's advice to financial institutions lines up: ground business cases in actual adoption patterns, and invest selectively in the fastest-growing use cases.\n\n## Where does BlindPay fit in the B2B data?\n\nBlindPay works on the receiving edge the data shows is thin. It converts stablecoins into local currency and pays bank accounts over local rails, so a supplier in Latin America receives a normal bank deposit.\n\nPayouts run over Pix in Brazil, SPEI in Mexico, Transfers in Argentina, ACH in Colombia, SEPA in Europe, and ACH, wire, RTP, and SWIFT (POBO\u002FCOBO) from the US. Each payout starts from a quote that locks the rate and shows every fee before you execute. BlindPay is backed by Y Combinator and handles about $2.5 billion in annualized volume across 100+ countries.\n\nTo compare rails for a specific supplier or contractor payment, see [which payment rail wins by scenario](\u002Fresources\u002Fmore\u002Fwhich-payment-rail-by-scenario).\n\n## What to do next\n\nSize your stablecoin plan against real payment volume in your corridors, not on-chain totals. Pick the one cross-border supplier payment you make most often, price it against what arrives today by wire, and test it end to end.\n\nRead the [BlindPay payouts docs](\u002Fdocs\u002Fpayouts) to see how a USDC payout reaches a supplier's bank account in Brazil, Mexico, Argentina, or Colombia.\n",{"title":5,"description":478},"Stablecoin B2B payments by region: 2025 data","resources\u002Fmore\u002Fstablecoin-b2b-payments-by-region","QcO-cRMoozwT_778rtQY0SJcFeBZ0QGCNyTfzmJ_DQw",[510,514,518,522,526,530,534,538,542,546,550,554,558,562,566,570,574,578,582,586,590,594,598,602,606,610,614,615,619,623,627,631,635,639,643,647,651,655,659,663,667,671,675,679,683,687,691,695,699,703,707,711,715],{"path":511,"title":512,"description":513},"\u002Fresources\u002Fmore\u002Fare-stablecoin-cards-safe","Are stablecoin cards safe? Peg, issuer, custody, and smart contract risks","The five risks of a stablecoin card: peg, program failure, custody, smart contracts, and fraud, with the August 2026 incident and a safety checklist.",{"path":515,"title":516,"description":517},"\u002Fresources\u002Fmore\u002Fare-stablecoin-payments-safe","Are stablecoin payments safe? The risks businesses should check, and how to reduce them","Stablecoin payments are as safe as the issuer, the network, the provider, and your own controls. The seven risks to check, with real incidents and fixes.",{"path":519,"title":520,"description":521},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-apis-cross-border-payments-2026","Best stablecoin APIs for cross-border payments in 2026: BlindPay, Circle, Stripe, Bridge, and Fireblocks compared","Five stablecoin APIs compared for cross-border payments: primary use case, pre-funding requirement, payout regions, and developer experience, plus how to choose by buyer scenario.",{"path":523,"title":524,"description":525},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-apis-2026","Best stablecoin APIs in 2026: 10 providers compared","Ten stablecoin APIs compared for 2026: BlindPay, Circle, Bridge, BVNK, Fireblocks, Crossmint, Zero Hash, Conduit, Sphere, and Borderless, across rails, custody, pricing, and compliance.",{"path":527,"title":528,"description":529},"\u002Fresources\u002Fmore\u002Fbest-virtual-account-providers-stablecoins","Best virtual account providers for stablecoins in 2026: BlindPay, Bridge, HIFI, Noah, and Conduit compared","Five virtual account providers for fiat and stablecoins compared on deposit rails, settlement chains, account naming, and custody, plus a 30-day test plan.",{"path":531,"title":532,"description":533},"\u002Fresources\u002Fmore\u002Fbusiness-vs-consumer-crypto-on-ramps","Business vs consumer crypto on-ramps: what changes when a company buys stablecoins","A consumer on-ramp sells crypto to one person, usually by card. A business on-ramp turns company bank deposits into stablecoins via an API. What differs.",{"path":535,"title":536,"description":537},"\u002Fresources\u002Fmore\u002Fcrypto-debit-card-vs-stablecoin-card-for-business","Crypto debit card vs. stablecoin card for business: custody, accounting, tax, and controls compared","Why a company should treat crypto debit cards and stablecoin cards differently: budget predictability, custody risk, per-swipe tax events, accounting, and spend controls.",{"path":539,"title":540,"description":541},"\u002Fresources\u002Fmore\u002Fcustodial-vs-self-custodial-stablecoin-cards","Custodial vs. self-custodial stablecoin cards: who actually holds your money?","Who holds the stablecoins behind your card: custodial vs. self-custodial models, smart-account allowances, failure modes, and what August 2026 showed.",{"path":543,"title":544,"description":545},"\u002Fresources\u002Fmore\u002Fdo-you-need-a-crypto-wallet-for-stablecoin-payments","Do you need a crypto wallet to make stablecoin payments?","Who needs a wallet in a stablecoin payment, who doesn't, and how payment providers hide keys, networks, gas, and confirmations from payers and recipients.",{"path":547,"title":548,"description":549},"\u002Fresources\u002Fmore\u002Fdoes-network-change-offramp-quote","Does the blockchain network change your off-ramp quote? What moves and what doesn't","Network and token are inputs to every payout quote. Which quote lines can change by chain, where gas sits, and how to compare two networks fairly.",{"path":551,"title":552,"description":553},"\u002Fresources\u002Fmore\u002Fstablecoin-platform-vs-payout-api","Full-stack stablecoin platform vs payout API: which layer does your product need?","Issuance, wallets, cards, orchestration, or local payouts? Map your job to the right layer of the stablecoin stack, with BlindPay and Bridge as examples.",{"path":555,"title":556,"description":557},"\u002Fresources\u002Fmore\u002Fhow-merchants-accept-stablecoin-payments","How merchants accept stablecoin payments: the complete 2026 guide","To accept stablecoin payments you need a receiving method, an off-ramp to local currency, and a settlement account. The full flow, costs, and options.",{"path":559,"title":560,"description":561},"\u002Fresources\u002Fmore\u002Fstablecoin-payment-orchestration-cross-border-payouts","How stablecoins fit into payment orchestration for cross-border payouts","Stablecoins are a settlement rail inside an orchestration strategy, not a replacement for banking. What changes: pre-funding, settlement time, FX visibility, and last-mile delivery over Pix and SPEI.",{"path":563,"title":564,"description":565},"\u002Fresources\u002Fmore\u002Faccept-bank-transfers-settle-in-stablecoins","How to accept bank transfers and settle in stablecoins using virtual accounts","Accept ACH, wire, and SWIFT and settle in USDC or USDT: the flow, the token, chain, and custody choices, and when a virtual account beats a memo code.",{"path":567,"title":568,"description":569},"\u002Fresources\u002Fmore\u002Fhow-to-choose-a-blockchain-payment-api","How to choose a blockchain payment API: a technical buyer's checklist","Seven checks for a blockchain payment API: SDKs, OpenAPI quality, abstraction level, networks, built-in compliance, local payout rails, and pricing.",{"path":571,"title":572,"description":573},"\u002Fresources\u002Fmore\u002Fhow-to-choose-a-stablecoin-api","How to choose a stablecoin API: the 6 questions that actually matter","Six criteria for evaluating a stablecoin API: pre-funding, compliance automation, local payout rails, settlement speed, developer experience, and pricing transparency, with a scorecard you can send to every vendor.",{"path":575,"title":576,"description":577},"\u002Fresources\u002Fmore\u002Fhow-to-evaluate-a-wallet-integration-provider","How to evaluate a wallet integration provider: 12-point checklist","A 12-point checklist for choosing a wallet or stablecoin payments provider: custody, chains, rails, pricing, compliance, SOC 2, SLAs, and AI tooling.",{"path":579,"title":580,"description":581},"\u002Fresources\u002Fmore\u002Fhow-to-fund-a-stablecoin-card","How to fund a stablecoin card: exchanges, wallet transfers, virtual accounts, and bank deposits","Four ways to fund a stablecoin card, compared by speed, cost, and control: exchange withdrawal, wallet transfer, virtual account deposit, and card top-up.",{"path":583,"title":584,"description":585},"\u002Fresources\u002Fmore\u002Fis-stripe-a-stablecoin-api","Is Stripe a stablecoin API? What a payout API, Stripe, and Bridge each do","Partly. Stripe offers stablecoin checkout and balances, and owns Bridge, a stablecoin infrastructure API. What each covers for cross-border payouts.",{"path":587,"title":588,"description":589},"\u002Fresources\u002Fmore\u002Fis-xrp-a-stablecoin","Is XRP a stablecoin? No, and here is the difference","XRP is not a stablecoin: its price floats freely with the market. Ripple's actual stablecoin is RLUSD. Here is how the two differ and why it matters.",{"path":591,"title":592,"description":593},"\u002Fresources\u002Fmore\u002Fotc-quote-vs-standard-quote","OTC quotes vs standard quotes for large BRL on-ramps: how a 10-second quote works","An OTC quote prices a large BRL to USDT on-ramp through an OTC desk, locks for 10 seconds, and lists fees as lines. When to pick it over a standard quote.",{"path":595,"title":596,"description":597},"\u002Fresources\u002Fmore\u002Fonramp-offramp-liquidity-glossary","On-ramp and off-ramp liquidity glossary: 40 terms for live quotes, spread, and settlement","Live quote, expiry, spread, slippage, basis points, depth, market maker, RFQ, pre-funding: the 40 terms behind on\u002Foff-ramp liquidity, in plain English.",{"path":599,"title":600,"description":601},"\u002Fresources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity","Onchain liquidity vs off-ramp liquidity: why a deep DEX pool doesn't mean a deep BRL payout","Onchain liquidity is tokens in pools. Off-ramp liquidity is local currency a provider can pay into bank accounts. Why one doesn't predict the other.",{"path":603,"title":604,"description":605},"\u002Fresources\u002Fmore\u002Fstablecoin-api-pricing-explained","Stablecoin API pricing: mint fees, spread, and what you actually pay","The basis-point figure on a stablecoin provider's pricing page rarely matches the invoice, because mint fees, burn fees, spread, and issuer fees usually live below the line the marketing page shows.",{"path":607,"title":608,"description":609},"\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-crypto-payment-gateway","Stablecoin API vs crypto payment gateway: what's the difference?","A crypto payment gateway accepts crypto at checkout. A stablecoin API moves money across borders through code, and neither side needs a wallet.",{"path":611,"title":612,"description":613},"\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-traditional-cross-border-rails","Stablecoin API vs traditional cross-border rails: a plain-English guide for payments teams","A stablecoin API moves money across borders using dollar-pegged tokens like USDC instead of correspondent banks. How the flow works, what no pre-funding means, and a side-by-side table against SWIFT.",{"path":503,"title":5,"description":478},{"path":616,"title":617,"description":618},"\u002Fresources\u002Fmore\u002Fstablecoin-card-vs-crypto-debit-prepaid-credit","Stablecoin card vs. crypto debit card vs. prepaid vs. credit: which type of crypto card is which?","Four kinds of crypto card compared: funding source, when conversion happens, tax timing, volatility, fees to check, and who each one suits.",{"path":620,"title":621,"description":622},"\u002Fresources\u002Fmore\u002Fstablecoin-depeg-risk-payments","Stablecoin depeg risk for payment companies: what past depegs teach and how to set limits","A depeg hurts a payment flow only while you hold the stablecoin. What USDC's 2023 depeg and UST's collapse teach, and the limits and triggers to set.",{"path":624,"title":625,"description":626},"\u002Fresources\u002Fmore\u002Fstablecoin-payments-statistics-2026","Stablecoin payment statistics 2026: volume, B2B share, and cross-border data","Sourced stablecoin payment statistics for 2026: real payment volume vs transfer volume, B2B share, domestic vs cross-border, top markets, and chains.",{"path":628,"title":629,"description":630},"\u002Fresources\u002Fmore\u002Fstablecoins-vs-bitcoin-for-business-payments","Stablecoins vs Bitcoin for business payments: price risk, settlement, accounting, and rules","Stablecoins or Bitcoin for business payments? Compare price stability, settlement, US tax, the GENIUS Act, and issuer risk, with a clear decision rule.",{"path":632,"title":633,"description":634},"\u002Fresources\u002Fmore\u002Fstablecoin-card-statistics-2026","State of stablecoin cards 2026: volume, programs, networks, and risks (data report)","Sourced stablecoin card statistics for 2026: Visa volume and programs, monthly onchain spend, average ticket, chain and token mix, and incidents.",{"path":636,"title":637,"description":638},"\u002Fresources\u002Fmore\u002Ftypes-of-stablecoin-apis","Types of stablecoin APIs: issuer, wallet, orchestration, payout, and non-custodial APIs compared","The five types of stablecoin APIs, what each one does, and who holds the funds and the compliance work in each. Plus how they differ from exchange APIs.",{"path":640,"title":641,"description":642},"\u002Fresources\u002Fmore\u002Fusdc-vs-usdt-for-payments","USDC vs USDT for payments: which should businesses use?","USDC offers stronger reserve transparency and US regulatory posture; USDT offers deeper liquidity in emerging markets. Most payment flows should support both.",{"path":644,"title":645,"description":646},"\u002Fresources\u002Fmore\u002Fvirtual-account-fees","Virtual account fees: every cost between the payer's bank and the stablecoin wallet","Monthly, deposit, wire, SWIFT, conversion, and partner fees on a virtual account: who pays each one, and a worked 10,000 USD wire to USDC example.",{"path":648,"title":649,"description":650},"\u002Fresources\u002Fmore\u002Fvisa-mastercard-stablecoin-settlement","Visa and Mastercard stablecoin settlement explained: what changed in 2025 and 2026","How Visa's USDC settlement and $7B run rate, Mastercard's BVNK deal, and INFINIOS in Bahrain change card settlement, and what stays the same for payouts.",{"path":652,"title":653,"description":654},"\u002Fresources\u002Fmore\u002Fwallet-api-vs-embedded-wallet-sdk-vs-white-label","Wallet API vs embedded SDK vs white-label: which fits?","Compare the three wallet integration models on control, launch time, engineering effort, security, lock-in, and cost, with a five-question decision tree.",{"path":656,"title":657,"description":658},"\u002Fresources\u002Fmore\u002Fpayment-blockchains-tempo-arc-explained","What are payment blockchains? Tempo, Arc, and stablecoin-native chains explained","Tempo and Arc charge fees in stablecoins and finalize in under a second. How payment blockchains differ from Ethereum and Solana, and when to use them.",{"path":660,"title":661,"description":662},"\u002Fresources\u002Fmore\u002Ftypes-of-crypto-off-ramps","What are the types of crypto off-ramps? Payment APIs, off-ramp wallets, exchanges, OTC desks, and wallet ramps compared","The five kinds of crypto off-ramp compared: who each serves, who holds funds, limits, trade-offs, consumer vs business, and why stablecoins win.",{"path":664,"title":665,"description":666},"\u002Fresources\u002Fmore\u002Fwhat-happens-on-chain-in-a-stablecoin-payment","What happens on-chain in a stablecoin payment? A step-by-step walkthrough","A stablecoin payment in five steps: bank deposit, conversion to USDC or USDT, on-chain delivery to a wallet, payout authorization, and local currency out.",{"path":668,"title":669,"description":670},"\u002Fresources\u002Fmore\u002Frfq-pricing-stablecoin-fx-explained","What is RFQ (request for quote) in stablecoin FX, and how does it relate to payouts?","RFQ is a pricing model where a taker asks approved liquidity providers for executable quotes and takes the best. How it works in stablecoin FX and payouts.",{"path":672,"title":673,"description":674},"\u002Fresources\u002Fmore\u002Fwhat-is-usdc","What is USDC? The dollar-pegged stablecoin explained","USDC is a dollar-pegged stablecoin issued by Circle, backed 1:1 by cash and short-term Treasuries and redeemable for US dollars. How it works and where it's used.",{"path":676,"title":677,"description":678},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-api","What is a stablecoin API? Infrastructure explained","A stablecoin API lets businesses move money with stablecoins through code: wallets, conversion, local payout rails, and compliance behind one integration.",{"path":680,"title":681,"description":682},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-backed-card","What is a stablecoin-backed card? How spending USDC with a card works, in plain English","A stablecoin-backed card spends USDC or USDT wherever Visa or Mastercard works. The four parts behind it, who does what, and where the money comes from.",{"path":684,"title":685,"description":686},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin","What is a stablecoin? Definition, types, and how they work","A stablecoin is a digital token designed to hold a fixed value, usually one US dollar. Learn how they stay stable, the main types, and what they are used for.",{"path":688,"title":689,"description":690},"\u002Fresources\u002Fmore\u002Fwhat-is-an-off-ramp-wallet","What is an off-ramp wallet? A deposit address that pays out to a bank account","An off-ramp wallet turns every USDC or USDT deposit into fiat paid to a linked bank account, with no quote or payout call. How it works, fees, minimums.",{"path":692,"title":693,"description":694},"\u002Fresources\u002Fmore\u002Fwhat-is-crypto-wallet-integration","What is crypto wallet integration? A developer's guide","Crypto wallet integration adds wallets, key custody, signing, and compliance to an app. The six components, three integration models, and cost drivers.",{"path":696,"title":697,"description":698},"\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-card-issuing","What is stablecoin card issuing? How it works, who uses it, and how it differs from crypto debit cards","Stablecoin card issuing explained: how a USDC or USDT balance pays a card merchant in local currency, who runs each layer, and how it differs from a crypto debit card.",{"path":700,"title":701,"description":702},"\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-infrastructure","What is stablecoin infrastructure? The 8 layers of a stablecoin payments stack","Stablecoin infrastructure is the stack that issues, moves, converts, secures, and checks stablecoins. Here are its 8 layers and who provides each.",{"path":704,"title":705,"description":706},"\u002Fresources\u002Fmore\u002Fstablecoin-card-demand-by-country","Where stablecoin card demand is growing: the US, India, UAE, Vietnam, Pakistan, and beyond","Which countries ask AI about stablecoin cards most, why interest is rising in India, the UAE, Vietnam, and Pakistan, and where local payouts matter.",{"path":708,"title":709,"description":710},"\u002Fresources\u002Fmore\u002Fbest-network-to-off-ramp-stablecoins","Which network should you use to off-ramp stablecoins? Finality, fees, and confirmations by chain","How Ethereum, Polygon, Base, Arbitrum, Solana, Tron, Stellar, Tempo, and Arc compare for off-ramps: time to finality, fee model, and which tokens work.",{"path":712,"title":713,"description":714},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-for-card-spending","Which stablecoin is best for card spending? USDC vs USDT vs euro stablecoins","Which stablecoins power crypto cards in 2026: USDC vs USDT vs euro stablecoins and synthetic dollars, compared on reserves, rules, chains, and support.",{"path":716,"title":717,"description":718},"\u002Fresources\u002Fmore\u002Fwhy-onramp-and-offramp-rates-differ","Why are on-ramp and off-ramp rates different? Bid, ask, and the round-trip cost","Buying stablecoins and selling them back happen at two prices. How bid, ask, and mid-market rates work, and how to calculate a round-trip cost.",1792461839287]