Stablecoins Emerge as Practical Alternative to Traditional Payment Methods

A small software company selling subscriptions in Europe, Latin America, and Southeast Asia may still rely on traditional banking hours, regional card availability, currency conversion, and multiple financial intermediaries for its payment infrastructure.

This mismatch has led to the growing interest in stablecoins as an alternative to traditional payment methods in e-commerce. Unlike Bitcoin and other cryptocurrencies whose prices can fluctuate rapidly, stablecoins are designed to maintain a relatively stable value by tracking another asset, commonly the US dollar.

The use of stablecoins is not without its risks, including technical, regulatory, and financial risks, but for certain online businesses, they can provide a useful additional payment option when customers and merchants are located in different countries. In fact, the Bank for International Settlements estimated that annual stablecoin transaction volume reached approximately $28 trillion in 2025.