The Stable.com platform integrates non-custodial exchange with Unlimit’s global payments infrastructure so that users can swap and off-ramp across all major stablecoins, the company said in a Tuesday (Dec. 2) press release.
The platform enables gasless, zero-commission conversions across all leading stablecoins; provides native off-ramp of stablecoins into local currencies worldwide; and allows users to retain full control of their funds, according to the release.
“Stable.com leverages Unlimit’s unrivalled global payments infrastructure, developed over the past 16 years, to seamlessly connect the world of DeFi with traditional finance,” Unlimit CEO and founder Kirill Eves said in the release. “Today, we empower the crypto industry to evolve, advance and unlock its full potential.”
Stablecoin adoption has set its sights beyond the cryptocurrency market liquidity for which it was used for years, aiming for potentially practical, real-world solutions, PYMNTS reported in March.
While stablecoins have become fundamental instruments in global trade, remittances and decentralized finance, each transaction involves a complex network of operational, technical and security frameworks, PYMNTS reported in May.
Advertisement: Scroll to Continue
“The biggest problem in crypto is not adoption, it’s the user experience,” Mesh CEO and co-founder Bam Azizi told PYMNTS at the time. “You need to make payments so simple that even a grandmother will use it one day, maybe without even knowing that the mechanism behind the scenes is a stablecoin … to do that, you need to do a lot of heavy lifting.”
Following the passage of new U.S. cryptocurrency legislation, the GENIUS Act, stablecoin payment volume ballooned to more than $10 billion in August, according to blockchain data provider Artemis Analytics.
That figure was up from $6 billion in February and more than twice the volume from August 2024. Artemis Analytics said stablecoin payments could reach $122 billion over a full year.
“It’s well understood that stablecoins have graduated from merely being a tool used by crypto traders and exchanges to conveniently move money around without relying on banks, to a more widely used tool for consumer and enterprise payments,” the company said.