The number of merchants using Binance Pay has surpassed 20 million, rising over 1700 times in ten months.According to Mars Finance, Binance disclosed in its official blog that at the beginning of 2025, only about 12,000 merchants were connected to Binance Pay, while currently, over 20 million businesses accept its payment services. In other words, within ten months, the scale of the Binance Pay network has risen more than 1,700 times. This significant growth trend is mainly attributed to the widespread use of stablecoins. This year, over 98% of its B2C transactions used stablecoins such as USDT, USDC, EURI, and FDUSD, and the variety of this basket of stablecoins is also continuously increasing. In addition, since its launch in 2021, Binance Pay has processed a cumulative transaction amount of over 250 billion USD, with its user base exceeding 45 million.
MarsBitNews·11-17 09:39