Paybis says stablecoins are moving deep into business payment flows. In a report released during Money20/20 Europe in Amsterdam, the company said stablecoins accounted for 86% of its crypto volume in April 2026, up from 12% in July 2023. The shift points to a clear change in usage, away from retail trading and toward business payment activity.
The crypto platform, which says it serves 7 million users, also found that 22.5% of surveyed businesses already use stablecoins for cross-border payments or expect to do so within the next 12 months. According to the report, dollar-backed tokens are being used more often for faster international settlement and treasury movement.
Business clients account for nearly all stablecoin flow
Platform data shows that business payments now make up almost all stablecoin activity on Paybis. The company said B2B payments represented 96.9% of stablecoin volume in 2025, and that figure climbed to 97.8% from January through April 2026. In absolute terms, Paybis said its total stablecoin volume reached $2.81 billion in May 2026. It also reported that volume from January to April rose 135% from the same period in 2025.
The report breaks down where that demand is concentrated. Since April 2024, Digital Goods has led B2B stablecoin usage with 21.4% of volume. Virtual Assets Business followed at 15.8%, Technology at 15.1%, Retail and E-commerce at 14.5%, and Financial Technology at 11.6%. The pattern suggests stablecoins are gaining traction in sectors where fast international settlement matters most.
Misunderstanding on speed and cost is still a drag
Paybis said adoption is still being slowed by confusion over how stablecoin payments work. In its survey, 53% of respondents expected international stablecoin transfers to settle instantly, while 47% expected settlement to take anywhere from one hour to one day. Fee expectations were also divided. About 33.3% expected transfer costs to be close to 3%, while 32% chose 0.01%.
The company said those assumptions can hold businesses back because stablecoin payment costs are often below 1%. Paybis co-founder and CBDO Konstantins Vasilenko said, “Stablecoins have moved from a crypto niche to business infrastructure.” He added that companies are now using them for faster cross-border settlement and treasury movement. On the current bottleneck, he said, “What’s missing is plumbing,” adding that Paybis offers a single API for stablecoin payment flows, including dedicated IBANs, on-ramp, off-ramp, and crypto rails under its licenses.