Stablecoins, blockchain-based assets designed for seamless digital transactions, are rapidly transforming business-to-business (B2B) payments. Traditionally, B2B transactions have relied on slow, manual, and often costly processes. Stablecoin issuers and payment partners are now stepping in to modernize this space.
A recent example is the collaboration between BVNK and LianLian Global, which enables merchants to fund cross-border payments using leading stablecoins. According to a February Artemis report, stablecoin-based B2B transactions have reached an annualized volume of $36 billion—making them the largest segment of stablecoin usage, surpassing peer-to-peer and card-based payments. The total stablecoin volume stood at $94 billion during the same period.
The appeal of stablecoins in B2B lies in their speed, cost-efficiency, and dollar-denominated nature. Despite this, corporate treasurers often hesitate to adopt emerging technologies. To bridge the trust gap, both crypto-native and traditional players like Visa, Mastercard, and PayPal are working to develop secure, interoperable systems.
Emerging markets have been at the forefront of this shift. In regions where banking infrastructure falls short—such as Latin America and Africa—businesses are leveraging platforms like Bitso and Conduit to accelerate dollar and euro settlements. In places like Kenya and Ghana, stablecoins help companies bypass currency volatility and transfer delays.
“There are real benefits in instant settlement,” said Kirill Gertman, CEO of Conduit. “It reduces the need for working capital and avoids FX exposure.”
Compared to traditional international transfers, which can take days and cost up to $30 per wire, stablecoin settlements are near-instant and can reduce fees to less than a dollar.
Major firms have already tested this model. PayPal used its own stablecoin to pay EY, while the Trump family-backed stablecoin was reportedly used for a $2 billion transaction with Binance via Abu Dhabi’s MGX.
Still, adoption in mature markets remains slow. Regulatory uncertainty, limited network interoperability, and supplier onboarding remain major hurdles. In the U.S., lawmakers continue to debate legislation around stablecoins, particularly concerning licensing and reserve requirements.
Trust is another challenge. Traditional finance relies on know-your-business (KYB) processes and established banking relationships to reduce risk. In contrast, stablecoin infrastructure is still fragmented, raising concerns about payment tracking, fraud resolution, and auditability.
“Trust is essential,” Gertman emphasized. “You need to know the money will arrive where it’s intended.”
Moreover, the existence of stablecoins like USDC across multiple blockchain networks—including Ethereum, Solana, and Polygon—adds operational complexity for corporate users.
Despite the obstacles, stablecoins are steadily becoming essential tools for global commerce, especially where traditional banking systems fall short. Their continued growth hinges on resolving compliance concerns, enhancing trust frameworks, and improving interoperability.
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News Source: Pymnts.com
