According to a new report by Juniper Research, cross-border stablecoin payments among businesses are expected to skyrocket to $5 trillion by 2035. This staggering figure represents a 373-fold increase from the estimated $13.4 billion in 2023.

The research firm attributes this growth to the increasing adoption of stablecoins in international B2B transactions, treasury operations, and supply chain settlements, where they offer advantages over traditional banking systems, including programmability and rapid settlement finality. As stablecoins continue to address the inefficiencies in cross-border payments, they are shifting from speculative assets to a foundational layer of institutional payment infrastructure. By 2035, Juniper Research estimates that 85% of stablecoin transaction value will come from B2B payments.

The firm suggests that stablecoin issuers should focus on integrating with enterprises and treasury partnerships to capitalize on this trend. This projection is supported by a recent report from Chainalysis, which forecasts stablecoins to become a core component of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035.