Stablecoins Surge as Businesses Turn to Reliable Payment Solutions

New data from Visa reveals a significant shift in the use of stablecoins. For years, they were associated primarily with trading activity within digital asset markets, helping users move between cryptocurrencies and transact on crypto exchanges.

However, businesses are increasingly putting stablecoins to work for payments, treasury operations, and liquidity management. According to Visa, nearly 17% of stablecoin-linked card volume in FY26 year-to-date occurred across business and commercial card programs.

This growth is part of a broader trend, with recent industry research from Allium finding that payments are now the fastest-growing stablecoin use case, with annual payments volume estimated between $401 billion and $527 billion. The largest business payment categories include service fees ($56 billion), payroll ($43 billion), and supplier payments ($28 billion).

Visa's Global Head of Product, Commercial & Money Movement Solutions, Mark Nelsen, said, 'Businesses aren't looking for new payment technologies for the sake of innovation. They’re looking for trusted, reliable ways to move money.' Visa continues to expand its stablecoin capabilities across settlement, money movement, and payment acceptance.