Stablecoin usage for payments in the United States has surged dramatically since new federal rules came into effect in July, marking a major shift in how businesses handle cross-border transactions. Companies are increasingly turning to stablecoins to bypass traditional banking delays in global settlement processes.
According to data from Artemis, stablecoin volume in goods, services, and remittance payments climbed to $10 billion in August—up from $6 billion in February, a nearly 70% increase. If the momentum continues, annual transaction flows could reach $122 billion by year-end.
The “Genius Act” Brings First Nationwide Crypto Oversight
The growth follows President Donald Trump’s signing of the Genius Act on July 18, the first U.S. law to impose federal rules on stablecoin issuers. The act requires tokens to be backed by highly liquid assets—such as U.S. Treasury securities—strengthening confidence and reducing systemic risk.
Artemis data scientist Andrew Van Aken noted a sharp expansion in supply after the law took effect:
“Post-Genius Act, the trend is unmistakably upward. The regulation is having a direct and immediate impact on the market.”
B2B Payments Lead the Charge
Business-to-business (B2B) transactions account for nearly two-thirds of the volume, totaling $6.4 billion per month—a 113% increase from February. For the first time on record, corporate payments have surpassed peer-to-peer stablecoin use, with the average corporate transfer hovering around $250,000.
Van Aken added:
“Companies are frustrated with multi-bank routing across borders. Stablecoins remove the friction and time lag.”
Banks Are Joining the Movement
The momentum has also caught the attention of U.S. financial institutions. Zelle—the major bank-backed payments network—is exploring the integration of stablecoin rails to expand international transfer capabilities.
Although stablecoin payments still make up a small share of broader digital transactions, analysts say the growth trajectory signals long-term adoption and institutional confidence driven by regulatory clarity.
The U.S. is now seen as shaping a global template: stablecoins backed by secure reserves, regulated at the federal level, and increasingly embedded in mainstream commerce.
