The cross-border payments market reached $208 trillion in 2025, while genuine stablecoin payments accounted for only 0.02% of this volume, totaling approximately $390 billion annualized. B2B stablecoin payments grew by 733% year-over-year, reaching a run-rate of $226 billion by late 2025.
Major financial players are integrating crypto into their systems: Stripe acquired Bridge for $1.1 billion, Citi is launching crypto custody, and Standard Chartered is testing stablecoin settlement in Singapore. These moves highlight the necessity of banking infrastructure for scaling stablecoin adoption.
Operational risks remain high due to single-bank dependency. Recent precedents include the wind-down of Silvergate and Signature Bank, as well as FTC warning letters sent to PayPal, Stripe, Visa, and Mastercard in March 2026 regarding debanking practices.
