Cross-border stablecoin B2B payment value expected to represent less than 0.5% of the $173 trillion total market by end of 2026

Figure 1. Estimated global cross-border B2B payment value: wholesale vs stablecoin (2022–2026e)

Global cross-border wholesale B2B payment value ($ trillion)

Global cross-border stablecoin B2B payment value ($ billion)

Notes: (1) Wholesale flows are derived by assuming that approximately 79% of total global cross-border payment value corresponds to wholesale (high-value FI and large corporate flows). (2) B2B cross-border stablecoin payments account for around 60% of all stablecoin payments.
Source: TABInsights