Businesses worldwide are rapidly embracing stablecoin payments as a core part of their financial operations, reshaping how value moves across borders and industries.
INXY Payments crosses $2 billion in annual volume
INXY Payments has surpassed $2 billion in annual transaction volume, marking a striking 500% year-on-year increase, according to the companys internal analytics. The announcement, made from Warsaw in January 2026, underscores how blockchain-based rails are becoming embedded in mainstream business infrastructure.
Moreover, this surge reflects a broader structural shift in how enterprises use digital assets. Instead of treating them as speculative instruments, more companies now rely on tokenized dollars for day-to-day operations, from vendor payments to international settlements.
Record year for the global stablecoin economy
The companys milestone arrives during a record-breaking period for the wider stablecoin market. According to a16zs State of Crypto 2025 report, stablecoins processed more than $9 trillion globally on an adjusted basis over the last 12 months, an 87% increase from the previous year.
That level now represents more than half of Visas total payment volume and more than five times PayPals throughput. In September 2025, monthly transactions hit an all-time high of $1.25 trillion, underscoring how tokenized dollars have shifted from niche products to core settlement instruments.
Major financial institutions, including Visa, PayPal, Stripe, J.P. Morgan, and Morgan Stanley, have already integrated dollar-pegged tokens into parts of their operations. However, this wave of integrations is increasingly viewed as the foundation of what many now describe as Traditional Finance 2.0.
Explosive rise in global B2B stablecoin flows
Global B2B volumes using tokenized dollars have expanded more than fiftyfold in less than three years. Flows jumped from $119 million in January 2023 to $6.4 billion in August 2025, as more enterprises chose blockchain-based settlement over legacy rails.
For many corporates, these digital dollar rails increasingly outperform SWIFT. They offer faster settlement, lower transaction fees, and broader geographic reach, while volatility concerns are minimized through the use of stablecoins such as USDT and USDC. That said, regulatory clarity and compliance remain key for institutional adoption.
Moreover, market participants report that these networks are especially attractive for cross-border corporate transfers, treasury optimization, and supplier payments in regions underserved by traditional correspondent banking channels.
Diversification of stablecoin use across industries
Against this macro backdrop, INXYs internal data reveals a significant diversification in how sectors deploy tokenized dollars. While early demand was heavily concentrated in crypto-native verticals, the past 12 months show a decisive shift toward mainstream industries and real-economy use cases.
According to the companys analytics, the fastest-growing categories for enterprise usage include several non-traditional sectors. This trend signals that stablecoins are now embedded deep in operational workflows rather than limited to trading or speculative activity.
Fastest-growing sectors by year-on-year growth
Among INXYs clients, the following segments posted the highest growth rates over the last year:
- Non-profit Donations: 321% year-on-year growth
- Payroll & Global Workforce Platforms: 224%
- Gold & Precious Metals: 205%
- AdTech & Affiliate Networks: 157%
- E-commerce & Online Retail: 96%
- Fashion: 95%
- Electronics: 62%
- Automotive: 54%
- Luxury Goods: 40%
- Airlines: 27%
- Gaming & Digital Entertainment: 25%
- Software: 23%
- EdTech Platforms: 17%
Across these verticals, INXY notes consistent adoption patterns. However, the pace of change is particularly strong in global payroll, cross-border e-commerce, and donation flows to international non-profits that require low-friction transfers.
From speculation to operational infrastructure
In these industries, tokenized dollars are increasingly treated as operational financial plumbing. They facilitate payouts, invoicing, and settlement for compliant, low-risk global businesses, rather than serving as tools for short-term speculation or yield chasing.
INXY reports an approximate 130% net revenue retention rate. Moreover, this suggests that existing clients not only remain on the platform but also grow their transaction volumes year over year. As a result, INXY has been able to outpace overall market expansion throughout 2025, reinforcing its position as a leading stablecoin payments platform for enterprises.
Executive perspective on the B2B transition
Commenting on the shift, Serge Kuznetsov, co-founder of INXY Payments, described the transformation underway in corporate finance. He emphasized how cross-border settlement is being reshaped by tokenized dollar rails.
In his view, stablecoin payments have moved from experiment and fringe use cases to the backbone of global B2B transactions. When companies switch from SWIFT to digital dollars, their operations speed up, their costs decrease, and their international reach expands significantly.
That said, Kuznetsov also highlighted that the market is evolving faster than many observers anticipated. Moreover, he argued that tokenized dollar rails are now a core component of modern cross-border finance and will likely underpin the next phase of digital commerce.
In summary, INXY Payments growth and the broader surge in tokenized dollar volumes illustrate how stablecoins are becoming embedded in mainstream financial infrastructure, particularly for global, high-velocity business payments.
