Stablecoins are becoming the dominant payment method for businesses, with B2B transactions driving explosive growth. Recent data shows Circle’s euro-backed EURC has surged roughly 300% year-on-year, nearing a $400 million market cap. Meanwhile, USDC quarterly transfer volumes on Ethereum surpassed $4.5 trillion. New entrants like USD1 are rapidly gaining ground, indicating the category is accelerating beyond expectations.
Businesses are increasingly adopting stablecoins for payments as data reveals significant growth in the sector. B2B transactions are scaling the fastest, far outpacing card-linked spending, P2P transfers, and B2C payouts according to recent data. The appeal lies in simplifying cross-border settlements and reducing transaction times from days to minutes.
The stablecoin category is demonstrating substantial scaling across the board. Circle‘s euro-pegged EURC has seen its market cap jump roughly 300% year-on-year, reaching close to $400 million as noted in January 2026. This growth is partly attributed to improved regulatory clarity in the EU market.
Dollar-based stablecoins continue to dominate in transaction volume. Quarterly transfer volumes for USDC on Ethereum increased nearly 400% YoY, exceeding $4.5 trillion in Q4 2025 as stated. The real payment and settlement use cases have increased drastically in recent days.
Newer market entrants are also gaining momentum rapidly. USD1, issued by Trump-backed World Liberty Financial, is already closing in on the top tier of stablecoins by market cap according to data. The coin is projected to be in the top three by market cap soon at its current pace.
