Stablecoins are increasingly recognized for their utility in digital payments, with Tether leading the market amid growing institutional interest.
Recent data from Artemis indicates that stablecoin transactions reached $94.2 billion from January 2023 to February 2025, with Tether (USDT) preferred for payments. Business-to-business transactions accounted for $36 billion annually, while Tron and Ethereum are the leading blockchains for stablecoin payments. The stablecoin market cap has grown to $247.3 billion, attracting attention from governments and banks, with the U.S. considering regulatory measures.