Binance Pay Growth Highlights the Crypto Adoption in 2025

Binance shared a major update on its payment service, Binance Pay. The company said that more than 20 million merchants now accept Binance Pay across the world. This number is a huge jump from only 12,000 merchants at the beginning of the year. Because of this massive rise, Binance Pay now stands out as one of the fastest-growing crypto payment tools in 2025.

LATEST: ⚡ Binance has revealed that over 20 million merchants now accept Binance Pay, up 1,700x from just 12,000 at the start of the year, with the exchange noting that over 98% of B2C payments this year have been settled in stablecoins. pic.twitter.com/LpNFLepkR8

— CoinMarketCap (@CoinMarketCap) November 18, 2025

A Year of Fast and Steady Growth

This year brought strong progress for Binance Pay. At first, only a small group of users tried the service. However, interest grew each month. More merchants joined because they wanted a simple and affordable payment method.

Today, shops, travel sites, and local stores all over the world take Binance Pay. This shows that crypto payments are slowly entering daily life. People now use digital assets not only for investing but also for normal purchases.

Stablecoins Take Over Payments

Binance also shared another important point. More than 98% of business-to-consumer payments on Binance Pay now use stablecoins like USDT, USDC and FDUSD.

This Binance Pay growth tells a clear story. Both customers and merchants trust stablecoins because their prices stay steady. They do not jump up and down like Bitcoin or other tokens. So, people feel safer when they use them for shopping or sending money.

Why Merchants Choose Binance Pay

Many reasons explain why merchants keep joining Binance Pay. First, transaction fees are low, so businesses can keep more of their earnings. Second, payments arrive almost instantly, which helps shops manage their cash flow. Third, Binance Pay works in many countries. Because of this, merchants can serve customers from anywhere without worrying about exchange rates. Finally, Binance has strong security systems. Merchants feel safe because they know their money stays protected.

These benefits attract more businesses each day. Many new merchants try crypto payments for the first time through Binance Pay because the system feels easy and reliable.

A Clear Look at the Future

The Binance Pay growth shows a bigger change in global payments. Crypto is slowly moving from a niche idea to a real tool for everyday use. People now use digital money not just to trade but also to buy goods and send funds.

Stablecoins stand at the center of this shift. They mix the stability of traditional money with the speed of blockchain networks. Because of this, more people choose them for daily payments.

If this growth continues, Binance Pay may soon become one of the biggest payment networks in the world.