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Latest data shows that the stablecoin trading volume on the Stripe platform is experiencing an astonishing rise. From 2 million dollars in August 2024 to 17 million dollars in September 2025, the volume has achieved an impressive growth in just over a year.
In this rapidly evolving trend, the Polygon network has become the preferred network for stablecoin transactions due to its low fees and fast transaction speeds. It is worth noting that on the Stripe platform, the trading volume of USDC significantly surpasses that of USDP, indicating users' preference for different stablecoins.
Looking at Stripe's overall business, we can see that stablecoin payments are playing an increasingly important role in its payment ecosystem. In 2024, Stripe processed traditional payment volume of $1.4 trillion, while the stablecoin payment volume during the same period was $10.7 million. By 2025, traditional payment volume grew to about $1.6 trillion, while stablecoin payment volume surged to $96.6 million, an increase of over 800%.
This data clearly indicates that, although traditional payments still dominate, stablecoin payments are rapidly catching up at an astonishing rate, demonstrating tremendous growth potential. As users' acceptance of digital currency payments continues to increase, we can foresee that the future application of stablecoins in the payment sector will become even more widespread and in-depth.
This trend not only reflects the innovation in payment technology but also indicates that financial services are evolving towards a more digital and decentralized direction. For businesses and consumers, this means more diversified and flexible payment options, as well as potentially lower costs and higher efficiency. However, it also presents new challenges for regulators, as ensuring financial stability and user protection while encouraging innovation will be issues that require ongoing attention and resolution in the future.