11 Best Stablecoin Picks for B2B Payments in 2024 [Ranked & Reviewed]

Dive into digital finance with our ranking and review of the 11 best stablecoins for B2B payments in 2024. Discover which stablecoins lead the market for business transactions.

11 Best Stablecoin Picks for B2B Payments in 2024 [Ranked & Reviewed]

Are you struggling to find the right stablecoin for your B2B payments in 2024? With so many options available, choosing the best one that aligns with your business needs can be overwhelming. But worry not, because we've got you covered!

This blog will present you with the 11 best stablecoin picks for B2B payments in 2024, ranked and reviewed. Our comprehensive analysis will provide accurate, up-to-date, relevant information to help you make informed decisions.

Stablecoins have gained popularity in recent years due to their ability to offer stability, security, and transaction efficiency. They are digital currencies designed to minimize volatility by pegged to a specific asset or a basket of assets, such as fiat currencies like the US dollar.

So, let's dive in and discover the top stablecoin picks that can revolutionize your B2B payments strategy!

Types of Stablecoins

Stablecoins are vital in B2B payments, offering businesses a secure and efficient alternative to traditional currencies. These digital assets are designed to maintain a stable value, often pegged to an underlying asset such as fiat currency, commodities, cryptocurrencies, or through complex algorithms. Understanding the different types of stablecoins can help businesses choose the most suitable option for their payment needs.

Also Read: Top 5 Benefits of Using Cryptocurrency For B2B Payments.

Fiat-Backed Stablecoins

Fiat-backed stablecoins are the most common type and are backed by established currencies like the US dollar (USD), Euro (EUR), or Japanese yen (JPY). Each coin typically equals one unit of the backed currency, providing stability and minimizing price volatility. These stablecoins are backed by reserves held in bank accounts or other trusted financial institutions. Examples of popular fiat-backed stablecoins include Tether (USDT), USD Coin (USDC), and Binance USD (BUSD).


  • Stability: Fiat-backed stablecoins are directly tied to well-established currencies, ensuring their value remains relatively constant.
  • Ease of Use: These stablecoins are widely accepted and can be easily integrated into existing payment systems and platforms.
  • Transparency: Most reputable fiat-backed stablecoins undergo regular audits to ensure sufficient reserves are held.


  • Centralization: Fiat-backed stablecoins rely on trusted entities to hold and manage the underlying reserves, introducing a degree of centralization and potential counterparty risk.
  • Regulatory Compliance: These stablecoins are tied to traditional currencies and may be subject to financial regulations and compliance requirements.

Commodity-Backed Stablecoins

Commodity-backed stablecoins derive their value from physical goods or resources such as precious metals (gold, silver), oil, or other commodities. These stablecoins are typically redeemable for the underlying asset, providing users with an alternative means of holding and transacting commodities. Examples of commodity-backed stablecoins include Paxos Gold (PAXG) and Digix (DGX).


  • Tangible Value: Commodity-backed stablecoins are directly linked to physical assets, providing inherent value and potential protection against inflation.
  • Portfolio Diversification: Investors can use these stablecoins to diversify their portfolios and gain exposure to commodities without needing physical ownership.
  • Transparency: Commodity-backed stablecoins can provide detailed information regarding the underlying assets, offering transparency to users.


  • Redemption Process: Some commodity-backed stablecoins may require users to go through a redemption process to exchange the stablecoin for the underlying asset.
  • Market Dependency: The stability and value of commodity-backed stablecoins depend on the market performance of the underlying assets.

Cryptocurrency-Backed Stablecoins

Cryptocurrency-backed stablecoins maintain their value by holding a reserve of other cryptocurrencies. These stablecoins are collateralized with one or more cryptocurrencies, often maintaining a 1:1 ratio to ensure stability. Examples of cryptocurrency-backed stablecoins include DAI and Reserve Rights Token (RSR).


  • Decentralization: Cryptocurrency-backed stablecoins operate on blockchain networks, offering a decentralized and transparent alternative to traditional currencies.
  • Liquidity: These stablecoins benefit from the liquidity of the underlying cryptocurrencies, which can enhance their utility and availability in the market.


  • Volatility: While cryptocurrency-backed stablecoins aim to maintain stability, they can still be influenced by the price fluctuations of the collateralized cryptocurrencies.
  • Collateral Management: Proper management of the reserve cryptocurrencies is crucial to ensure the stablecoin's stability and integrity.

Algorithmic Stablecoins

Algorithmic stablecoins rely on complex algorithms and mechanisms to maintain their stability. These stablecoins do not have physical or collateralized reserves but use demand-supply mechanisms to regulate their value. One example of an algorithmic stablecoin is Ampleforth (AMPL).


  • Independence: Algorithmic stablecoins are not tied to any underlying asset, providing an independent means of payment and value storage.
  • Flexibility: The algorithmic design allows these stablecoins to respond to market dynamics, potentially improving stability over time.


  • Limited Adoption: Algorithmic stablecoins are still relatively new and may have limited adoption and acceptance compared to their fiat-backed counterparts.
  • Complex Mechanisms: Understanding and trusting the intricate algorithms that govern the stablecoin's value can be challenging for users and businesses.

Best Stablecoins for B2B Payments

In the rapidly evolving landscape of B2B payments, stablecoins have emerged as a reliable and efficient option for businesses looking to streamline transactions. These cryptocurrencies are designed to maintain a stable value by pegging their worth to a fiat currency, typically the US dollar.

1. USD Coin (USDC)

As one of the most popular fiat-backed stablecoins, USDC is fully backed by US dollars held in reserve accounts. With high liquidity and transparency, USDC offers businesses a secure and reliable option for B2B payments. It has been widely adopted across various industries and enjoys credibility on major cryptocurrency exchanges.

2. Tether (USDT)

Tether, a pioneer in the stablecoin space, is another popular choice for B2B payments. It is backed by a reserve of fiat currencies like the US dollar, euro, and yen. Widely used globally, Tether provides stability and ease of use in cross-border transactions.

3. Binance USD (BUSD)

BUSD, launched by leading cryptocurrency exchange Binance, is another fiat-backed stablecoin worth considering. Backed by the US dollar and regulated by financial authorities, BUSD offers businesses a secure and efficient means of transacting.

4. Pax Dollar (PAX)

Pax Dollar, issued by Paxos, is a regulated stablecoin that provides a transparent and audited experience for B2B payments. With its focus on regulatory compliance and strict adherence to financial industry standards, PAX offers businesses peace of mind.

5. Gemini Dollar (GUSD)

Gemini Dollar, created by Gemini Trust Company, is a fully regulated and USD-backed stablecoin. With a strong emphasis on security and compliance, GUSD provides businesses with a trusted platform for B2B payments.

6. TrueUSD (TUSD)

TrueUSD is backed by US dollars held in escrow accounts, ensuring a one-to-one ratio between the stablecoin and the underlying fiat currency. With regular audits and a focus on transparency, TrueUSD offers businesses a reliable solution for their B2B payment needs.

7. Dai (DAI)

Unlike fiat-backed stablecoins, DAI functions through an algorithmic model and is backed by collateralized cryptocurrency assets. Its decentralized nature and stability mechanism make it an attractive option for businesses seeking an alternative payment method.

8. TerraUSD (UST)

TerraUSD is a decentralized stablecoin that operates on the Terra network, utilizing price-stability algorithms. With its low transaction fees and fast settlement times, UST offers businesses an efficient and cost-effective way to conduct B2B payments.

9. Synthetix USD (sUSD)

Synthetix USD is a synthetic stablecoin that derives its value from other crypto assets on the Synthetix platform. Its unique synthetic nature makes sUSD an intriguing choice for businesses looking to diversify their B2B payment options.

10. Ampleforth (AMPL)

Ampleforth takes a different approach to stability by utilizing elastic supply mechanisms. Its algorithmic design adjusts the coin's supply based on market demand, aiming to maintain a target price. Although it offers a unique value proposition, AMPL might not be suitable for all businesses due to its volatility.

11. Reserve Rights Token (RSR)

Reserve Rights Token is a dual-token stablecoin system that mitigates inflation and currency volatility. With its focus on economic stability and user adoption, RSR provides businesses with an alternative stablecoin option for their B2B payments.

Using Stablecoins for Business Payments and Settlements in CCPayment

Using stablecoins for business payments and settlements in CCPayment offers several advantages, particularly for businesses looking for a more stable form of cryptocurrency. Here are some key aspects and benefits of using stablecoins within the CCPayment framework:

  1. Lower Transaction Costs: Compared to traditional bank transfers, especially for international payments, stablecoins can offer lower transaction fees. This can be a significant advantage for businesses looking to minimize operational costs.
  2. Efficient Cross-Border Transactions: Stablecoins enable faster cross-border payments and settlements than conventional banking systems. With CCPayment supporting global transactions, stablecoins can facilitate quick and efficient international business dealings.
  3. Integration with CCPayment's API: Businesses can integrate stablecoin payments into their systems using CCPayment's unified API, which allows for a seamless and user-friendly transaction process.
  4. Reduced Risk of Fraud and Chargebacks: The blockchain technology underlying stablecoins enhances security and reduces the risk of fraud. Additionally, the irreversible nature of blockchain transactions means a lower risk of chargebacks, which is often a concern with traditional payment methods.
  5. Enhanced Security and Compliance: Using blockchain technology with stablecoins ensures secure, transparent, and immutable transactions, aligning with CCPayment's focus on security and regulatory compliance.


Stablecoins are poised to revolutionize B2B payments in 2024 and beyond. These digital currencies provide a reliable alternative to traditional currencies for conducting business transactions by offering stability, speed, and security.

Using stablecoins for business payments and settlements in CCPayment can offer stability, lower costs, efficiency in international transactions, enhanced security, and greater flexibility.

Stay connected with us for future insights and updates on the exciting world of stablecoins and their impact on B2B payments.