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Binance Pay Surges: 20 Million Merchants Embrace Stablecoins

11/20/2025

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Summary

Story summary

Binance Pay now serves over 20 million merchants worldwide, a 1,700-fold rise since early 2025.
Stablecoins comprise over 98% of B2C transactions on Binance Pay, signaling a major shift toward stablecoin payments.
Binance Pay's integrations with Brazil's Pix and Argentina's QR payments broaden everyday crypto usage.
The developments point to a broader transformation in international finance, positioning cryptocurrency against traditional banking.

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Story summary

Binance Pay now serves over 20 million merchants worldwide, a 1,700-fold rise since early 2025.
Stablecoins comprise over 98% of B2C transactions on Binance Pay, signaling a major shift toward stablecoin payments.
Binance Pay's integrations with Brazil's Pix and Argentina's QR payments broaden everyday crypto usage.
The developments point to a broader transformation in international finance, positioning cryptocurrency against traditional banking.