Stablecoin volume hits $2.8 B as B2B share reaches 98% on Paybis

Paybis said its stablecoin volume topped $2.81 billion in May 2026 and that 97.8% of that flow came from business‑to‑business payments, underscoring a rapid shift from retail to corporate use of crypto‑backed dollars【1】.

B2B drives the surge

Paybis’ internal data show stablecoins grew from 36% of total crypto volume in 2023 to 86% in April 2026, a near‑tripling of their share in just three years【1】. The jump is powered by enterprises: B2B‑originated stablecoin transactions rose from 36% of the stablecoin mix in 2023 to 70.1% in 2024, 96.9% in 2025, and almost all (97.8%) in the first four months of 2026【1】. The platform processed $2.81 B in stablecoins in May, a 135% increase over the same period in 2025, reflecting a 7.2‑fold annual rise in 2025 alone【1】.

Where the business flow is concentrated

The bulk of B2B stablecoin activity clusters in five sectors that together account for 78.4% of volume: Digital Goods (21.4%), Virtual‑Assets Business (15.8%), Technology (15.1%), Retail & E‑commerce (14.5%) and FinTech (11.6%)【1】. Survey responses reveal a perception gap: while 53% of firms expect instant settlement, 47% anticipate delays of up to a day, and fee expectations are split between 0.01% and 3%—despite typical stablecoin fees staying below 1%【1】.

Broader market context

Non‑USD stablecoins have also crossed a $2 B circulating‑supply milestone, driven by euro, Brazilian real and Turkish lira pegs, suggesting that enterprise demand for local‑currency digital assets is rising globally【2】. This parallel growth reinforces Paybis’ observation that stablecoins are moving from a niche crypto product to a mainstream settlement layer for cross‑border treasury and payments.

What to watch

• Paybis stablecoin volume trends in the next quarterly reports, especially any deviation from the 135% YoY growth rate.
• The proportion of B2B flow remaining above 95% as a gauge of enterprise reliance on stablecoin rails.
• Regulatory developments under Europe’s MiCA framework that could affect the “plumbing” Paybis offers to businesses.

The data suggest that stablecoins are now a core component of corporate payment infrastructure, with enterprises driving the majority of volume and seeking faster, cheaper cross‑border settlement. Whether this momentum translates into broader adoption beyond Paybis will depend on how quickly firms close the speed‑and‑cost perception gap and how regulators shape the underlying infrastructure.