Stablecoin Applications in Blockchain Technology

Stablecoins are already operating underneath global B2B flows. For banks, PSPs, fintechs, and global enterprises, 2026 is about where stablecoins already outperform traditional payment rails, and how to deploy them without breaking compliance, treasury, or finance operations. Across real production environments, stablecoins are now used for: - cross-border supplier and vendor payments - platform, marketplace, and creator payouts - 24/7 treasury liquidity and inter-entity settlement - high-friction corridors where cut-offs, pre-funding, and failures hurt margins The shift is measurable: ~$27T+ in annualised on-chain stablecoin settlement ~$300B+ in fiat-backed stablecoin supply ~$16.5T–$23.7T addressable B2B payments market - LatAm stablecoin payment flows grew ~9× (2021–2024) - Major PSPs and networks already settling in stablecoins This week, Venturebloxx and Finance Loop - Alliance for on-chain finance will publish: 📘 Stablecoins: The Operating Layer for Global B2B Payments 2026 Report  Co-published with Panagiotis Kriaris' FinTech Newsletter, Sam Boboev's Fintech Wrap Up, and London Blockchain Conference, with industry support from Januar, Utila, Depa and Range. This is not a trend report or a market snapshot. We have written a best-in-class operating manual for teams running real money flows in 2026. Thanks for collaborating on the report Bentzi Rabi Marcus Mølleskov @Alberto Martin mazaria Javier Perez Michael Wutzke Sam Boboev Panagiotis Kriaris Alex S. Max Engelen Surya Deepan Elango Joshua Weiss, CAIA Kristoffer Nystrom Simon Ousager Rasmus Bjerregaard Carlos Casal Carles Castillo Valiente Arnoud Star Busmann Patrick Hennes Paula Pettit Qivalis Marieke Flament AllUnity Simon Seiter Rupertus Rothenhaeuser Quantoz BVNK Chris Harmse Ian Beth Miguel Angel Zapatero Crossmint Tom Zschach Biswarup Chatterjee 👉 Stay tuned. #stablecoins #payments #finance #crossboarder #treasury #digitalassets #fintech

𝐓𝐡𝐞 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧𝐬 𝐢𝐧 𝐂𝐫𝐨𝐬𝐬-𝐁𝐨𝐫𝐝𝐞𝐫 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 — the infrastructure 👇 For decades, cross-border payments ran on correspondent banking: slow settlement, layered intermediaries, opaque pricing. "Stablecoins are changing the rails, not the money." — FXC Intelligence, stablecoins still represent <1% of global cross-border volume, yet already unlock a $16.5T–$23.7T TAM. — 𝐓𝐡𝐞 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐓𝐞𝐜𝐡 𝐒𝐭𝐚𝐜𝐤: Stablecoin payments are not “just tokens” — they rely on a full stack: → 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐥𝐚𝐲𝐞𝐫 Payment apps, payout tools, treasury dashboards → 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲, 𝐦𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 & 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 KYC, AML, sanctions — increasingly identical to TradFi → 𝐅𝐗, 𝐨𝐧-𝐫𝐚𝐦𝐩 & 𝐨𝐟𝐟-𝐫𝐚𝐦𝐩 𝐥𝐚𝐲𝐞𝐫 Liquidity providers converting local fiat ↔ stablecoins → 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 & 𝐜𝐮𝐬𝐭𝐨𝐝𝐲 𝐥𝐚𝐲𝐞𝐫 This is becoming critical infrastructure. Platforms like Dfns enable enterprises to securely manage programmable wallets, policy controls, and large transaction volumes. → 𝐁𝐥𝐨𝐜𝐤𝐜𝐡𝐚𝐢𝐧 𝐥𝐚𝐲𝐞𝐫 The settlement rails — Ethereum, Solana, Base, Tron — where value actually moves. — 𝐓𝐡𝐞 “𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐒𝐚𝐧𝐝𝐰𝐢𝐜𝐡” 𝐢𝐧 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 Instead of routing through chains of correspondent banks: → Sender pays in fiat → On-ramp converts fiat to USDC/USDT → Stablecoin settles globally in minutes → Off-ramp converts to local currency → Recipient receives funds faster, cheaper, and with full traceability In many cases, the last step disappears entirely. Recipients keep and use the stablecoin directly — the “open sandwich” model now powering payroll, merchant settlement, treasury ops, and crypto-native commerce. — 𝐓𝐡𝐞 𝐒𝐜𝐚𝐥𝐞 𝐢𝐬 𝐀𝐥𝐫𝐞𝐚𝐝𝐲 𝐑𝐞𝐚𝐥 → $5.7T stablecoin transaction volume in 2024 → $4.6T already processed in H1 2025 → Over 80% of supply concentrated in USDT & USDC → B2B dominates the opportunity (up to $18.8T TAM) This isn’t hype — it’s live volume. — 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐭𝐨 𝐅𝐨𝐥𝐥𝐨𝐰: → 𝐂𝐮𝐬𝐭𝐨𝐝𝐲 & 𝐖𝐚𝐥𝐥𝐞𝐭 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞: Dfns, BitGo, Fireblocks → 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 & 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐲 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦𝐬: BVNK, Conduit, Orbital, Mural Pay → 𝐍𝐞𝐰 𝐌𝐨𝐝𝐞𝐥𝐬: Breeze, redefining the Merchant-of-Record with programmable, blockchain-native settlement → 𝐈𝐬𝐬𝐮𝐞𝐫𝐬 & 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲: Circle (USDC), Tether.io (USDT) → 𝐍𝐞𝐱𝐭-𝐠𝐞𝐧 𝐑𝐚𝐢𝐥𝐬: Plasma, purpose-built for stablecoin payments and high-throughput settlement Each layer matters. No single player replaces the system — together, they upgrade it. ↳ 🚨 Banks are becoming wallet providers. 🚨 Settlement is moving from days to minutes. ��� Money is becoming programmable. Stablecoins are emerging as a new global liquidity layer, embedded inside the financial system. — Source: FXC Intelligence ► 𝐓𝐡𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐁𝐫𝐞𝐰𝐬 : https://lnkd.in/g5cDhnjC ► Connecting the dots in Payments... | Marcel van Oost

🔴 It's past the “testing” stablecoins phase at European banks. They’re redesigning financial infrastructure around them now. From w3.vision x Blockstories' "European Banks & Stablecoins Report: 1️⃣ Stablecoins are entering the core of banking Not crypto experiments, rather: 👉 the onchain cash leg for tokenized assets 👉 a 24/7 settlement layer 👉 a liquidity and treasury primitive Kirit Bhatia (Banking Circle): “Stablecoins aren’t a side project for us, they’re the next generation of financial infrastructure.” 2️⃣ Demand is institutional, not retail Adoption today is driven by corporates, fintechs, and treasurers, not consumers. Use cases cluster around: 👉 cross-border settlement 👉 intraday liquidity 👉 delivery-versus-payment for tokenized securities From Francisco Maroto (BBVA Banco Bilbao Vizcaya Argentaria): "Stablecoins are the most mature product today." Retail becomes relevant in high-inflation markets. 3️⃣ Banks don’t want to compete on the rail Institutions: the stablecoin rail should be shared; differentiation happens above it. Floris Lugt (ING): Banks shouldn’t compete on the rail itself. Like SEPA, the value is in the services built on top. Hence the momentum of consortium models in Europe. 4️⃣ Consortia solve scale, but limit economics Joint issuance delivers liquidity, neutrality, and reach. But it means: 👉 stablecoins sit outside the deposit-lending loop 👉 fractional-reserve economics are forfeited 👉 profitability shifts to services, not issuance “Stablecoins only work at scale. No single European bank can reach that alone.” - Christian Wolf (Raiffeisen Bank International AG) 5️⃣ Some banks putting stables directly on balance sheet Others issuing inside the bank for integration, supervision, trust. Guy de Leusse (ODDO BHF): “A stablecoin is simply cash on the blockchain, and that’s where banks belong.” This model favors clarity and prudential control, but raises interoperability questions. 6️⃣ Clients don’t ask for stablecoins, they ask for outcomes Paul BUREAU (DELUBAC & CIE): “Our clients don’t ask for ‘a stablecoin.’ They ask to optimize treasury and move money globally.” Speed, programmability, and transparency are the value. 7️⃣ The real bottleneck is operational, not technical Issuing a token is no longer hard. What is hard: 👉 24/7 compliance in systems built for batch processing 👉 AML, Travel Rule, and governance automation 👉 Talent that understands both banking and onchain rails Claus George (DZ BANK AG): “Stablecoins aren’t a natural bank product, but they’re a reality we can’t ignore.” 8️⃣ Euro stablecoins are a geopolitical issue ~99% of onchain liquidity is USD-denominated despite the euro accounting for ~22% of global FX transactions This is about monetary relevance in Web3, not payments. Stéphanie Cabossioras(Societe Generale - FORGE): “Banking-grade safety and compliance are still rare, and that’s the differentiation.”

I'm getting more excited about stablecoins the more I learn about them. Not because of crypto hype, but because of the real business applications I keep seeing. Last week's Supra session with three industry leaders opened my eyes to just how fast this space is moving: ↳ Ben Reid (Head of Stablecoins, Bitso) ↳ Avinash Chidambaram (Founder & CEO, Cybrid) ↳ Alex McDougall(President, Stablecorp Inc.) Here's what's got my attention: 1/ The cost arbitrage is massive Traditional cross-border payments cost 4-5% and take days. Stablecoins do the same thing for ~10 basis points in real-time. That's not incremental improvement - that's 90% cost reduction with instant settlement. Alex shared an example: Brazilian students paying Canadian tuition through stablecoin rails instead of international wire transfers. 2/ Real-world infrastructure is already here This isn't theoretical anymore. Bitso processes cross-border payments across Latin America using peso stablecoins. Cybrid provides APIs that let any fintech embed stablecoin payments. Major wireless carriers are exploring real-time settlements for roaming charges - eliminating billions in reconciliation overhead. 3/ AI agents + instant payments = new business models The most fascinating use case: AI agents making authorized payments based on business logic. Your ERP detects low inventory → AI gets CFO approval → payment executes → supplier ships immediately. No more "we'll start manufacturing once your wire clears in 3-5 days." 4/ Regulatory clarity is accelerating adoption The GENIUS Act and similar frameworks are giving enterprises confidence to integrate this technology. Banks are now asking stablecoin companies to help them issue deposit tokens. JP Morgan has their own consortium working on this. 5/ Global harmonization advantage Unlike traditional rails that require different systems in each country, stablecoins work identically everywhere. Build your payment infrastructure once, deploy it globally. This is why every fintech is becoming a crypto fintech - whether they realize it or not. The tipping point feels closer than I expected. What stablecoin applications are you most excited about?

Stablecoins Are No Longer Just Crypto Tools — They’re Reshaping Global Finance As of Q1 2025, global stablecoin circulation exceeds $215B, with on-chain transaction volume hitting $5.6T in 2024 — that’s 40% of Visa’s annual payment volume. What was once confined to crypto trading desks is now powering real-economy use cases at scale: remittances, global payroll, B2B settlements, and institutional treasury. *Real-World Impact: Remittances: Sending $200 across Africa via stablecoins is ~60% cheaper than traditional rails. Nigeria alone saw $59B in crypto inflows, largely stablecoin-driven. *Global Payroll: Platforms like Remote.com + Stripe are enabling stablecoin salary payments in 69 countries, slashing fees and delays. Latin America: Bitso facilitated ~10% of US-to-Mexico remittances via USDC, saving families millions. Brazil: Large (> $1M) stablecoin transfers rose 29% YoY in 2023, as banks adopted them for FX efficiency. *Institutional Momentum: Circle filed for IPO (2024), aiming to be the first listed stablecoin issuer. Stripe acquired Bridge for $1.1B, betting big on blockchain-powered payments. Visa launched VTAP, enabling banks to issue fiat-backed stablecoins at scale. *Adoption Metrics: 32M unique addresses transacted with stablecoins by early 2025 — 2x growth in 2 years. *VC funding into stablecoin startups hit $2.5B (2022–2024), targeting cross-border payments and yield-bearing models. *Cost & Efficiency: Traditional remittances: 3–5 days, 6–12% fees Stablecoins: instant, <3% fees, especially on low-cost chains like Tron or Solana *Business Models Are Evolving: Tether earned $13B in 2024, mostly from interest on reserves. USDC yield-sharing is now a competitive edge, as tokenized T-bill funds (e.g., BlackRock’s BUIDL) compress stablecoin margins. *Financial Inclusion & Dollarization: Argentina and Turkey lead in grassroots stablecoin use amid 50–100% inflation. In Nigeria, 33% of the population used stablecoins in 2024 for savings or payments. *Regulation Is Catching Up: MiCA in EU now governs issuance and reserves. US legislation is in motion, with bipartisan bills pushing for 100% reserve backing and Fed oversight. Asia-Pacific (Hong Kong, Japan, Singapore) is racing to be global stablecoin hubs. *Looking Ahead (2025–2030): With potential market cap forecasts ranging from $300B to $3T, stablecoins are set to become core infrastructure for global payments, capital markets, and financial inclusion. Stablecoins are no longer “just crypto.” They are programmable, composable dollars — the working capital of the internet economy. #Stablecoins #Fintech #DigitalAssets #DeFi #Blockchain #CrossBorderPayments #FinancialInclusion #USDC #USDT #CryptoFinance #Remittances #GlobalPayroll Hyperglade Avalanche Source: insights4vc

Finally the most useful crypto application (stablecoins) is taking centerstage! New data from a16z crypto shows stablecoins processed $46T in transaction volume over the past year — putting them ahead of Visa ($16T) and within range of ACH ($87T). Even adjusted for noise and inorganic activity, $9T in “real” stablecoin payments still rivals the world’s largest networks. That’s no longer experimental — that’s infrastructure. To me, this is the most useful and transformative application of crypto so far. Not speculation. Not NFTs. But programmable, instant, borderless payments that move value like the internet moves data. Stablecoins blend the trust of fiat with the speed and composability of blockchain, and they’re already reshaping how money flows between businesses, consumers, and platforms. We’re seeing this shift from:  • Pitch decks → actual settlement flows  • Crypto narratives → financial plumbing  • Hype → utility Stablecoins are already being integrated into major payment and settlement flows:  • Visa is testing stablecoin settlement with Circle and Solana.  • PayPal’s PYUSD is bringing stablecoins to consumer wallets.  • Western Union just announced plans to launch its own U.S. dollar-backed stablecoin (USDPT) — built on Solana and issued by Anchorage Digital Bank — alongside a new Digital Asset Network that connects crypto to cash through its global retail and banking partners.  • Fintechs and neobanks are exploring hybrid flows where stablecoins bridge traditional ACH rails with faster, cheaper liquidity movement. The future of payments won’t be one network — it’ll be many, interoperating. Stablecoins are the infrastructure being built right now. Read more in comments. ⸻ 💡 Curious how this evolution will reshape fintech infrastructure, treasury, and B2B payments? That’s exactly what we explore at SWolta Ventures — where finance, tech, and product strategy converge.

Most people sleep on payment infrastructure changes. I've the last 6 months analyzing fintech and banking trends—payment rails are being completely rebuilt While attention focuses on AI and consumer apps, financial infrastructure undergoes historical transformation. The $1.1B acquisition of Bridge by Stripe marks a watershed moment for stablecoin payment rails. Three critical infrastructure shifts happening now: 1. Banks issuing blockchain-native stablecoins → JPMorgan processes billions monthly through JPM Coin, reducing settlement times by over 90% → Société Générale launched EURCV, powering €100M in tokenized bond issuances → Traditional banks now provide regulated infrastructure to fintech companies through Banking-as-a-Service models 2. Fintech embedding crypto rails → PayPal integrated PYUSD across 430M accounts globally → Stripe (via Bridge) enables merchants to accept stablecoins that settle as fiat → Total stablecoin market cap surpassed $200B in 2024, with monthly volumes exceeding $1.8T in November 3. Payment networks enabling blockchain settlements → Visa processed $3B in stablecoin payments in 2024, cutting cross-border fees substantially → Mastercard aims to reduce cross-border fees by up to 50% through blockchain settlements → These networks bridge traditional finance with digital assets The financial system's invisible plumbing undergoes reconstruction while consumer experiences remain largely unchanged. Companies leveraging this shift see 90% cost reduction in cross-border transfers (from 6.5% average fees to under 1%) This mirrors the cloud computing revolution: infrastructure changes precede application innovation. The total stablecoin market projects to reach $1.1T by 2035 Smart financial leaders position now for the massive efficiency advantages this shift creates

Stablecoins & Treasury: The Next Frontier of Liquidity Management Treasury is quietly entering a new phase where blockchain, tokenized assets, and stablecoins are no longer on the periphery, but increasingly part of the financial core. Here’s why this is important: ➔ Stablecoins are becoming institutional-grade liquidity tools. Tether (USDT) now holds nearly $100B in U.S. Treasury bills, making it one of the largest non-sovereign holders of government debt. That’s a huge shift in how digital liquidity interacts with traditional markets. USDC (USD Coin) is a stablecoin, meaning it's designed to maintain 1:1 value with U.S. dollar. Issued by Circle, fully backed by cash and short term U.S. Treasuries (with regular attestations). Unlike volatile assets like Bitcoin or Ethereum, USDC is meant to be stable, non-speculative. ➔ Ripple’s $1B acquisition of GTreasury is another inflection point. This move signals a convergence between digital asset and corporate treasury infrastructure, enabling real-time, on-chain liquidity while maintaining governance and compliance standards. ➔ For corporate treasurers, this isn’t about speculation but it’s about efficiency and optionality. Imagine: ⭐ Cross-border payments settled in seconds, not days ⭐ Liquidity managed across fiat and digital ledgers ⭐ Treasury dashboards showing both cash and tokenized balances ⭐ Smart contracts automating intercompany settlements The technology is here. The question is how prepared are treasury functions to adopt it? My latest carousel shares a practical framework for treasury leaders exploring stablecoins: Where the real opportunities lie What risks to manage (regulation, counterparty, interoperability) How to prepare your treasury for digital liquidity View the full carousel for key takeaways and strategic steps. And I’d love to hear from you. Do you see stablecoins as a short-term trend or a long-term evolution in corporate treasury?

Many in the banking industry are currently trying to determine if #stablecoins or tokenized deposits are their entry point to the latest advancement in moving value. While both offer real-time settlement and programmability, they diverge in adoption readiness and interoperability. ▪️ Stablecoins: particularly fully reserved dollar-backed models under emerging federal oversight, are already live in the market. They move seamlessly across wallets, blockchains, and borders, creating an open ecosystem for #payments, #remittances, and #DeFi-style innovation. ▪️ Tokenized deposits: by contrast, remain conceptually tied to a specific institution’s balance sheet. Their utility is often limited to closed-bank networks or #consortiums, and broad interoperability standards have yet to emerge. In effect, they replicate today’s siloed banking infrastructure on new rails. For financial institutions exploring digital assets, stablecoins provide a faster path to learning, testing, customer/member engagement, and recapturing deposit outflows.  They require less architectural change and have clearer regulatory momentum (especially following the GENIUS Act). Tokenized deposits will play a role in the long-term, especially for interbank settlement and wholesale liquidity. But for most retail-facing credit unions and community banks, stablecoins represent the practical first step into programmable money. #tokenizeddeposits SRM Steve Wasserman, AFPP Misha Shender #blockchain #innovation #disintermediation #creditunions #banks #fintech

🔴 By deploying its stablecoins in DeFi, Société Générale 🇫🇷 is paving the way for other banks. Here’s why this marks an unprecedented turning👇 Last week on Tuesday, Société Générale, through its blockchain arm Societe Generale - FORGE, became the first global systemically important bank (G-SIB) to integrate its euro (EURCV) & dollar (USDCV) stablecoins into leading DeFi protocols (Morpho & Uniswap). 👉 What’s important to understand is that every bank, and, more broadly, traditional financial institutions, face the same challenges when it comes to potentially launching a stablecoin, and SG-FORGE has just cleared that hurdle. If the French banking group can do it…Why couldn’t others? 🎯A major regulatory milestone Société Générale does not issue its EURCV and USDCV stablecoins under its banking license but through SG-FORGE, which is regulated as an electronic money institution (EMI), one of the key licenses required to issue a regulated stablecoin in the European Union. Although MiCA explicitly allows stablecoin issuers not to identify end-investors at all times, SG’s compliance team had long resisted such DeFi exposure, citing concerns over the lack of transparency regarding stablecoin holders, as Blockstories exclusively reported in June. That time now seems to be over. 🎯A live DeFi proof of concept for other banks What was once only a theory is now taking shape: an onchain repo market. Now, anyone can use bitcoin, ether, or EUTBL,  the tokenized money market fund issued by startup Spiko, as collateral to borrow EURCV on the onchain market managed by MEV Capital via the Morpho protocol. It’s no secret: very few people within banking groups have ever executed an on-chain transaction using a crypto asset or a stablecoin, which often makes it difficult to grasp the real stakes of DeFi’s development. Now, there’s a live proof of concept, no longer just private blockchain experimentation. 🎯The euro stablecoin market truly starts now 👉 One of the most interesting points is that it’s now possible to earn yields by supplying EURCV on Morpho, a bank-grade stablecoin. Fintechs can also offer yield solutions to their users, following the example of platforms like Bitpanda and Deblock. This is crucial at a time when European companies and users are seeking euro-denominated solutions, especially considering the Trump administration's plans for the value of the dollar. It’s also a matter of sovereignty, as the United States is clearly turning stablecoins into a new economic weapon to reinforce the dollar’s dominance. As Jean-Marc Stenger highlighted in our interview: “Europe needs its own euro stablecoins, issued by European players, capable of holding their ground against other markets.” We’ll be following this topic this week in Blockstories through our Institutional Briefing, a weekly newsletter dedicated to traditional financial institutions (15,000+ readers). To subscribe, first comment below👇