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Business-to-business (B2B if you will) stablecoin transactions are gaining momentum, per a new report from Artemis, Dragonfly, and Castle Island Ventures.

The report found that such payments are annualizing $36 billion, which is a step above the person-to-person (P2P) rate of $18 billion. 

Source: Stablecoin Payments From the Ground Up

As you can see in the chart above, the volumes have really picked up on the B2B side of things, showing that the adoption that we’ve been talking about is being heavily reflected in data. Love to see it.

The study noted that USDT wins the popularity…

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