BitPay
A digital asset payment processor enabling merchants to accept stablecoins like USDC and USDT, with stablecoins comprising nearly 40% of its 2025 payment volume.
What is BitPay?
BitPay, founded in 2011 and headquartered in Atlanta, Georgia, is a leading payment gateway that allows businesses to accept digital assets, including stablecoins such as USDC, USDT, and PYUSD, for goods and services. In 2025, BitPay expanded support to include Solana-based stablecoins like USDC and USDT, enabling low-fee transactions on the Solana network, which optimized efficiency for merchants processing global payments. The company reported that stablecoins accounted for nearly 40% of its total payment volume in 2025, highlighting their role in faster and cheaper cross-border transactions compared to traditional systems.
BitPay’s services include merchant invoicing, point-of-sale integration, and payroll solutions, with partnerships like Paxos for stablecoin settlements. In August 2025, BitPay released its State of Stablecoins Report, providing insights into industry trends such as automotive and luxury goods sectors adopting stablecoins for payments. The platform also offers a wallet app for users to buy, store, swap, and spend stablecoins, with enhanced support for Solana’s SOL token and SPL-based assets in 2025.
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Dot Plot
A chart released quarterly by the Federal Reserve showing anonymous projections from FOMC members for future federal funds rates.
Decentralized Lending
Decentralized lending is a blockchain-based system allowing users to lend or borrow digital assets without intermediaries, using smart contracts to automate and secure transactions.