Cross-border business-to-business stablecoin payments are expected to reach $5 trillion in 2035, a forecast showed.

CoinDesk, a blockchain media outlet, reported on April 27 that Juniper Research said in a new report the market would grow 373-fold by 2035 from an estimated 13.4 this year.

The key point is that stablecoins are becoming full-scale infrastructure in cross-border corporate payments rather than a niche tool. Juniper Research estimated that 85 percent of total stablecoin transaction value in 2035 would come from B2B transactions. It assessed that fiat-pegged cryptocurrencies are shifting from speculative assets to a foundational layer for institutional payment infrastructure.

Juniper Research said stablecoins are being rapidly incorporated into cross-border corporate transactions, treasury operations and supply-chain settlement. It said programmability and 24-hour payment finality work more favorably than traditional correspondent banking networks. It added that disruption is also occurring in existing correspondent banking channels in the process.

Juniper Research cited stablecoins as increasingly addressing inefficiencies in cross-border payments handled by traditional finance. It said stablecoins are not replacing the entire existing payment infrastructure, but are being adopted first in areas where their strengths are most distinct.

Juniper Research analyst Jawad Jahan (자와드 자한) said stablecoins do not replace payment infrastructure wholesale. He said cross-border B2B transactions are the area where stablecoin advantages show most strongly and are expected to see the most sustained volume growth over the forecast period.

The market is focusing in particular on potential expansion into corporate treasury and supply-chain settlement. If stablecoin efficiency is verified first in corporate transactions, which have larger ticket sizes than consumer payments, demand for integration between issuers and companies could also rise quickly. Jahan said that, given this trend, stablecoin issuers should focus on enterprise integration and treasury partnerships to capture most of the overall opportunity.

The outlook aligns with other recent market research. Earlier this month, Chainalysis assessed that stablecoins are likely to become a foundational layer of global finance and estimated adjusted transaction volume could reach $719 trillion in 2035. Chainalysis has said that if cryptocurrencies become the next generation's basic financial instrument, the question is not whether stablecoins compete with existing payment networks, but how quickly they replace them.

As a result, a key point to watch is how deeply stablecoin issuers enter actual corporate payment systems and treasury operations. As transaction sizes grow in cross-border B2B payments, stablecoin competitiveness could extend beyond speed or costs and lead to broader structural changes in enterprise payment infrastructure.