Stablecoins have become a popular choice for businesses looking to facilitate fast and secure international payments, according to a recent report from Paybis.
The company's data shows that stablecoins now account for 86% of its crypto volume in April, up from just 12% in July 2023. This significant increase highlights the growing demand for dollar-linked tokens in business payment flows.
Paybis' survey found that 97.8% of B2B clients used stablecoins for cross-border payments between January and April this year, demonstrating their effectiveness in streamlining international transactions.