A new report from Juniper Research projects that cross-border B2B stablecoin payments will reach $5 trillion by 2035, up from $13.4 billion in 2026. The research firm estimates that business-to-business flows will account for 85% of total stablecoin transaction value as enterprise adoption expands beyond retail trading.
The report published on April 27 highlights that stablecoins are increasingly embedded in cross-border B2B transactions, treasury operations, and supply chain settlements, where their programmability and 24/7 settlement finality offer advantages over correspondent banking rails. Juniper Research Analyst Jawad Jahan noted, "Stablecoins are not replacing payments infrastructure; they are being adopted where the advantages are most pronounced. Cross-border B2B is where those advantages are greatest, and where we expect the most sustained volume growth over the forecast period."
Juniper attributed the growth to inefficiencies in traditional correspondent banking, which relies on multiple intermediaries leading to delays and high costs. Stablecoins settle on-chain almost instantly, reducing processing time and transaction costs, making them particularly useful for high-value corporate transfers in corridors where dollar-backed tokens act as a neutral settlement layer.
Meanwhile, the rapid rise of dollar-backed stablecoins has drawn regulatory scrutiny. At a recent seminar in Tokyo, Pablo Hernández de Cos warned that U.S. dollar stablecoins could carry "material consequences" for global economic policy, pointing to risks if a surge in redemptions forces issuers to liquidate reserve assets. European officials are tightening oversight under frameworks like MiCA, while Swiss institutions including UBS are piloting regulated franc-denominated stablecoins.
