INXY Payments, the stablecoin-powered financial infrastructure platform for global businesses, revealed a structural shift in how companies across multiple sectors are adopting stablecoins as an operational payment rail. This data is drawn from the company’s internal analytics. The business has surpassed $2 billion in annual transaction volume, representing 500% year-on-year growth.

INXY’s milestone comes during a record year for the stablecoin economy. According to a16z’s State of Crypto 2025 report, in the last 12 months, stablecoins exceeded $9 trillion globally on an adjusted basis, up 87% from a year ago. That level represents more than half of Visa’s payment volume and more than five times PayPal’s. In September 2025, transactions hit an all-time high of $1.25 trillion. Major financial institutions — including Visa, PayPal, Stripe, J.P. Morgan, and Morgan Stanley — have integrated stablecoins into parts of their operations, signalling the rise of “Traditional Finance 2.0.”

Global B2B stablecoin payments have grown more than fiftyfold in less than three years, rising from $119 million in January 2023 to $6.4 billion in August 2025. For many businesses, stablecoin rails increasingly outperform SWIFT, offering faster settlement, lower fees, and broader geographic reach — with volatility concerns eliminated through the usage of digital dollars (USDT, USDC).

Against this backdrop, INXY’s internal data shows a significant diversification of stablecoin usage. While early stablecoin adoption was concentrated in crypto-native verticals, the past 12 months show a shift toward mainstream sectors. According to INXY’s analytics, the fastest-growing categories include:

• Non-profit Donations (321% YoY 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 sectors, INXY sees consistent patterns: stablecoins increasingly function as operational financial infrastructure, rather than as speculative assets. INXY reports a ~130% net revenue retention rate, indicating that compliant, low-risk, global businesses not only stay on the platform but increase their transaction volumes year over year, empowering INXY to outpace overall market expansion in 2025.

“Stablecoins have moved from experiment and fringe to backbone of global B2B payments,” said Serge Kuznetsov, co-founder of INXY Payments. “When companies switch from SWIFT to digital dollars, their operations speed up, their costs fall, and their global reach expands. The market is evolving faster than anyone anticipated, and stablecoins are now a core component of modern cross-border finance.”