$94 Billion Settled in Roughly Two Years

From Cointelegraph

May 29, 2025 5:42:00 pm:

Stablecoins dominate digital payments, with $94.2 billion in transactions from Jan 2023 to Feb 2025. Business-to-business transactions lead at $36 billion annually. Tether’s USDt is the top choice for payments, followed by Circle’s USDC. Tron and Ethereum are the preferred blockchains, with Tron having the highest average B2B transaction size.

Stablecoin market cap hits $247.3 billion, growing 54.5% in the past year. Governments and banks worldwide are recognizing stablecoins’ potential for cross-border payments and commerce. US legislators aim to regulate stablecoins for dollar dominance, while the UAE and EU have set up licensing systems for stablecoin issuers. US big banks are exploring a joint stablecoin venture, and companies like Stripe are introducing stablecoin accounts to users globally.

Read more at Cointelegraph: $94 Billion Settled in Roughly Two Years