#StablecoinPayments $FUN Visa and Baanx Partnership: In 2025, Visa partnered with Baanx to launch USDC-based stablecoin payment cards tied to self-custodial wallets. These cards allow users to spend USDC directly from crypto wallets, enhancing real-world usability for merchants and consumers. This integration reflects growing mainstream adoption of stablecoins for everyday transactions.Coinbase and PayPal Collaboration: Coinbase expanded its partnership with PayPal, which serves 434 million users, to advance stablecoin payments, likely focusing on USDC. This move aims to streamline cross-border and peer-to-peer payments, leveraging PayPal’s vast user base and Coinbase’s crypto infrastructure.Circle’s New Payments Network: In April 2025, Circle, the issuer of USDC, launched a payments and cross-border remittance network targeting banks, fintechs, and payment service providers. This network facilitates near-instant, low-cost global transactions, positioning USDC as a key player in modernizing financial infrastructure.Transaction Volume Growth: Stablecoin transaction volumes have surged, with USDC alone reaching $1 trillion in monthly transactions in November 2024, surpassing Visa’s payment volume. Approximately 95% of these transactions settled on Ethereum, highlighting the blockchain’s dominance in stablecoin payments. Cumulative USDC transaction volumes hit $18 trillion, with a 50% year-on-year growth.Regulatory Clarity and Adoption: Increasing regulatory frameworks, such as the EU’s Markets in Crypto Assets (MiCA) and Thailand’s SEC approving USDC for trading, are fostering broader adoption. In the U.S., proposed legislation like the Genius Act aims to regulate stablecoins similarly to traditional financial institutions, potentially boosting institutional participation.