The Stablecoin Boom in the Payments Landscape. In 2026, the way money moves across borders is being redefined, not by central banks, but by a trio of digital dollars vying for dominance. The Stablecoin Race in Payments has put Tether, USDC (USD Coin), and PYUSD (PayPal USD) at the center of a intensifying contest. This isn’t just about market caps or trading volume. It’s a race to become the default currency for online carts, travel bookings, recurring billing, and cross-border remittances.
Over the past couple of years, stablecoins have gone from niche crypto tools to mainstream payment options. From a hotel in Southeast Asia accepting USDT to a U.S. software company invoicing clients in PYUSD, these coins are steadily reshaping commerce.