Stablecoin transactions top $5T in 2025

Stablecoin transactions top $5T in 2025
Visa says stablecoin payments reach $5T milestone this year

​Stablecoins have processed over $5 trillion across one billion transactions this year, according to new data from Visa and blockchain analytics firm Allium. 

Their combined market value has surged 47% to $255 billion since Donald Trump’s 2024 U.S. presidential election victory, with analysts citing regulatory clarity, investor optimism, and new corporate use cases, reports Cryptopolitan.

The tokens are increasingly fulfilling their promise of faster, simpler, and cheaper payments—especially in regions underserved by traditional banks. Transfers that once took days can now be completed in minutes, expanding opportunities for businesses and consumers alike. However, foreign exchange costs remain a persistent challenge for cross-border transactions, limiting some of the efficiency gains.

Startups target costly ‘exotic’ payment routes

While stablecoins can speed up transfers, FX fees still erode cost benefits when moving between fiat currencies. Mike Robertson, CEO of AbbeyCross, warned that technology alone cannot solve FX complexities, as banks earn most revenue from currency spreads rather than transaction fees. 

Startups such as London-based BVNK are focusing on less-served corridors like Sri Lanka to Cambodia, reducing intermediaries to speed up payments and improve capital efficiency. BVNK processes around $15 billion annually, while companies like Thunes in Singapore and Aquanow in Canada are working to integrate stablecoins with local currency payouts. These partnerships aim to bridge blockchain settlements with real-world currency delivery.

Regulation fuels institutional adoption

The GENIUS Act, signed into law on July 18, 2025, could accelerate stablecoin adoption by mandating full 1:1 asset backing, regular audits, and transparency. Bank of America estimates the rules could add $25–$75 billion in stablecoin supply in the short term. Visa is already exploring “stablecoin sandwiches” to bypass SWIFT and settle in minutes, leveraging a platform it launched in 2024 to mint and redeem fiat-backed tokens. 

Corporate moves, such as Ripple’s $200 million acquisition of Rail and Thunes’ $150 million fundraising, further expand the cross-border payments network. Industry leaders expect explosive growth in the next year as regulation, infrastructure, and institutional participation align.

Recently we wrote that ​Tether has acquired a minority stake in Bit2Me, one of the largest Spanish-speaking crypto platforms, as part of a €30 million funding round announced on August 7. 

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