Morph Unveils $150 Million Payment Accelerator Amid Stablecoin Market Boom

The stablecoin sector has experienced rapid growth over the past few years, with a significant increase in market cap and transaction volume.

According to Morph's State of Stablecoins report, the stablecoin market cap has grown from $5.2 billion in 2020 to $320 billion in 2026, representing a 60-fold increase. The annual transaction volume facilitated by stablecoins now surpasses $33 trillion, outpacing the combined volumes of Visa and Mastercard.

Morph's report highlights the increasing adoption of stablecoins in the real economy, with institutions and businesses turning to blockchain rails for payments. The monthly transaction volume in mainstream scaling reached $1.25 trillion in August 2025, accompanied by a significant increase in wallet numbers.

The Morph Payment Accelerator has been launched to support companies in scaling high-volume payment applications, backed by a $150 million fund from the crypto exchange Bitget. This initiative is set to tap into the growing stablecoin market and ensure that Morph remains at the forefront of this emerging trend.