Why Payments Providers are Choosing Stablecoins

Stablecoin payments unlock benefits for payments providers, marketplaces, software platforms and retailers across the full payment flow.

Payments providers are increasingly turning to stablecoins to enhance their services and cater to the evolving needs of their customers. Here's a closer look at why stablecoins are gaining traction in the payments landscape.

1. Expanding Global Reach

With stablecoins, payments providers can offer a single, borderless payment option, enabling merchants to reach customers across the globe. This eliminates the need for multiple payment integrations and complex валюта conversion processes.

When Stripe launched stablecoin payments in October 2024, they witnessed pay-ins from over 70 countries in just 24 hours. This highlights the immense potential of stablecoins in expanding global payment reach.

2. Keeping Pace with Consumer Preferences

Consumer preferences are rapidly shifting towards digital and global payments, and stablecoins are at the forefront of this evolution.

According to RWA, there are over 90 million global wallets holding stablecoins, a 15% increase from 2023 to 2024. This growth is driven by the ease, speed, and cost-effectiveness of stablecoin payments.

3. Driving Cost-Effective Payments

Traditional payment methods, such as credit cards and wallets, can incur high payment fees of up to 3% or more, especially for international payments. These fees can erode merchant margins and limit the scalability of payments.

Stablecoin payments, on the other hand, can result in a 50% or greater cost reduction for payment service providers (PSPs) and merchants. This is due to the lower transaction costs and gas fees on emerging low-cost, faster chains like Solana & Polygon.

4. Fast and Streamlined Settlement

Traditional payment methods can take days to settle fully, as card transactions are confirmed across networks, issuers, and bank payments pass through clearinghouses and correspondent networks.

Stablecoins offer near-instant settlement, with funds moving from a customer to a merchant or platform wallet in seconds. This provides companies with greater capital flexibility and faster access to funds.

5. No-Dispute Payment Flow

Stablecoin payments eliminate the possibility of chargebacks and disputes, which can plague traditional payment methods for up to 30-90 days after a transaction is settled.

This creates a no-dispute payment flow, offering payments providers and merchants greater certainty in their transactions while still maintaining the ability to offer refunds.

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