Stablecoins Can Transform Business Expenses into Revenue Streams, According to Paxos Labs Co-Founder

The $300 billion stablecoin market has evolved beyond its initial purpose of facilitating faster cross-border transactions. Today, companies are exploring the potential uses of stablecoins, driving a new wave of adoption. According to Chunda McCain, co-founder of Paxos Labs, the industry is shifting its focus from building infrastructure to developing practical business applications. McCain noted that the initial step was creating a stablecoin, and now the question is what to do with it. Recently, Paxos Labs secured $12 million in strategic funding, led by Blockchain Capital, to develop a 'financial utility stack' that enables companies to integrate digital assets into their products through a single integration. The Amplify Suite, launched by Paxos Labs, offers three core tools: Earn, which provides yield on digital assets; Borrow, which enables lending against them; and Mint, which supports the creation of branded stablecoins. This suite allows firms to integrate tokens into their business and add capabilities over time. McCain emphasized that for years, enterprise crypto adoption focused on basic capabilities like trading, custody, or issuing stablecoins, which rarely generated returns on their own. However, stablecoins can be used to turn costs into revenue. For instance, merchants typically pay 2-3% in fees, but stablecoin rails can reduce these costs and generate yield on on-chain balances. McCain argued that payment providers can track merchant revenues and cash flow, positioning them to underwrite loans. This could enable merchants to access financing based on real-time performance, earn yield on incoming payments, and settle transactions instantly across borders. While some companies, like PayPal, have launched branded tokens to control payments and margins, not all businesses need their own stablecoin. Issuing a token requires significant investment in liquidity, compliance, and distribution. Instead, many firms can integrate existing stablecoins and still benefit from lower costs and added yield. The shift towards stablecoin adoption may lack hype, but it has a tangible impact on business operations. Stablecoins are starting to restructure margins, unlock credit, and change how money moves globally, particularly in areas where traditional systems are costly or slow.