Paybis used Money20/20 to put a number behind a trend many people talk about but don’t always measure. In its update, stablecoins made up 86% of Paybis crypto volume in April 2026, rising from just 12% in July 2023.
That’s not a small tweak. It signals a shift in what Paybis users actually do with “crypto.” Instead of broader crypto activity, the desk says stablecoin-led activity now dominates the volume profile.
Stablecoins moved from side quest to core volume
Paybis’ reported April 2026 mix matters because it changes the incentive stack. When stablecoins become the bulk of flow, product choices and settlement paths follow them, not speculative tokens.
In the same dataset, Paybis said its stablecoin volume is overwhelmingly tied to business payments. The firm reported that B2B payments represented nearly 97% of its Paybis stablecoin volume in 2025 and 2026, compared with 36% in 2023.
Put together, the implication is straightforward. Paybis is not just seeing “stablecoin adoption.” It’s seeing stablecoins become the default payment rail inside its cross-border funnel, where volume concentrates.
Where the money is sitting, and what can break under stress
Stablecoins as payment instruments carry a different risk shape than trading. Even when volatility is dampened, the payment system can still fail at the rails: liquidity, settlement timing, counterparty checks, and compliance friction.
The Paybis figures don’t explain mechanisms. But they do tell you where stress would show up first. If stablecoins drive 86% of crypto volume, then any operational hiccup in issuance, redemption, exchange routing, or partner onramps can have an outsized effect on Paybis throughput.
It’s also why the B2B concentration matters. Business payments tend to run on schedules. That creates pressure for predictable processing and consistent availability. When nearly all stablecoin volume is B2B, small delays or document bottlenecks can ripple into merchant cash flow and cross-border settlement timelines.
A compact snapshot of Paybis’ reported shift
Here are the key changes Paybis highlighted in its Money20/20-linked update.
| Metric (Paybis) | 2023 baseline | 2025–2026 reported | What it suggests |
|---|---|---|---|
| Stablecoins share of Paybis crypto volume | 12% (July 2023) | 86% (April 2026) | Stablecoins dominate day-to-day volume |
| B2B share of Paybis stablecoin volume | 36% (2023) | ~97% (2025 and 2026) | Stablecoins are mainly used for business payments |
Source: NewsData.io summary of Paybis’ Money20/20 remarks as posted by Crypto Reporter.
What you should take from this report
Paybis’ update is a usage story, not a token story. Stablecoins are behaving like payment infrastructure inside Paybis’ network, at least in terms of reported volume mix.
That doesn’t eliminate risk. Assets labeled “stable” still sit inside systems with counterparty and liquidity dependencies. And business-led payments concentrate operational exposure when the rails carry most of the load.
If stablecoin adoption keeps translating into volume like this, expect more scrutiny on settlement reliability and compliance workflows, because those are the parts that matter when payments, not speculation, drive throughput.