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# New Stablecoin Insider Report: 'Into B2B Stablecoins'
- URL: https://stablecoininsider.org/new-stablecoin-insider-report-into-b2b-stablecoins/
- Published: 2026-07-27T10:00:34.000Z
- Updated: 2026-07-27T10:00:33.000Z
- Description: Download Stablecoin Insider's newest report 'Into B2B Stablecoins', in partnership with Persona, Kulipa, and Cybrid.
- Author: Alexandra
- Tags: Report

Today, Stablecoin Insider, along with partners Persona, Kulipa, and Cybrid, announces the release of [***Into B2B Stablecoins: Cross-Border Payments, KYB Compliance & Card Issuance***](https://tally.so/r/EkEBP4), a new report examining how stablecoins are moving from crypto-native markets into the operational infrastructure of global businesses.

> The report’s headline finding is that business-to-business activity now dominates genuine stablecoin payments. 

Of approximately $390 billion in real stablecoin payments measured on a trailing basis through February 2026, B2B flows represented about $226 billion, or roughly 58-60%, and grew 733% year over year, according to analysis from McKinsey and Artemis Analytics cited in the report. 

The report also places those figures in context: genuine payments still represent only about 1% of roughly $35 trillion in overall stablecoin network activity, underscoring both the market’s momentum and its early stage.

> **“B2B is not a side effect of the stablecoin payments market. It is the market.”**

**The research organizes the emerging market into a three-layer infrastructure stack:** 

- Cross-border payment rails that move value
- Identity and compliance systems that determine who may use those rails
- Stablecoin-backed card issuance that converts on-chain balances into everyday corporate spending power.

The report was developed in partnership with Cybrid, Persona and Kulipa, with each company contributing practitioner insight from its respective layer.

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## **Key Findings**

- **The remaining payment friction is primarily at the fiat edges.**
- **B2B stablecoin payments are expanding rapidly.**
- **KYB is the gating function for the market.**
- **AI is accelerating both fraud and fraud detection.**
- **Stablecoin-linked card spending is growing from a small base.**
- **Regulatory clarity is changing enterprise adoption.**

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## **Industry Perspectives**

> *“Infrastructure providers for B2B stablecoin payments are set to spend the next 12 to 18 months simplifying the user experience by further abstracting complex backend elements.”* **— Avinash Chidambaram, Founder and CEO, Cybrid**

> *“The strongest stablecoin platforms treat compliance as core infrastructure from day one, verifying continuously rather than once at the front door.”* **— Rick Song, Co-founder and CEO, Persona**

> *“The question CFOs are now asking isn’t whether stablecoins are safe; it’s whether their infrastructure provider can make them usable at scale, securely and seamlessly in everyday operations.”* **— Axel Cateland, CEO, Kulipa**

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## Download the Report

[Download Here](https://tally.so/r/EkEBP4) 

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## **About Stablecoin Insider**

[**Stablecoin Insider**](https://stablecoininsider.org/) is the leading source for news, data and expert insight on stablecoins and the future of blockchain-based finance. 

It delivers independent reporting on the technologies, platforms, policies and real-world use cases driving stablecoin adoption worldwide. Stablecoin Insider also works with companies across the stablecoin and digital-payments stack on research, interviews, reports and events.

## **About the Report Partners**

[**Cybrid**](https://cybrid.xyz/?utm%5Fsource=referral&utm%5Fmedium=sponsored%5Fmedia&utm%5Fcampaign=stablecoin%5Freport) is a payments orchestration platform connecting stablecoin and fiat rails through developer-first APIs for cross-border payments, stablecoin products and treasury tools.

[**Persona**](https://withpersona.com/) is a configurable identity platform that helps businesses verify individuals and organizations, prevent fraud, and orchestrate KYC, AML and KYB processes across more than 200 countries and territories.

[**Kulipa**](https://www.kulipa.xyz/) provides stablecoin-native card-issuing infrastructure that enables fintechs and wallets to launch stablecoin-backed cards, virtual accounts and wallets through a single API.

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[Download Your Report](https://tally.so/r/EkEBP4)