Cyprus-based fintech rides record year for stablecoin adoption

Cyprus-based INXY Payments has reported a sharp global acceleration in stablecoin adoption across multiple industries, as the Limassol-headquartered fintech revealed that it had surpassed $2 billion in annual transaction volume.

The company said this milestone represents 500 per cent year-on-year growth, based on internal analytics drawn from its stablecoin-powered financial infrastructure platform for global businesses.

INXY’s performance comes amid a record year for the global stablecoin economy...