Binance Crypto Payments Surge 114% in One Year, Median Transaction Size Rises to $18

Binance recorded a 114% increase in crypto payments over the past year, with the median payment size rising from $10 to $18, according to the exchange's latest report. The growth reflects expanding adoption of Binance Pay and increased retail transaction volumes across the platform.

Stablecoins dominate the payment landscape on Binance, serving as the primary asset class driving the volume growth. The rise in median transaction size indicates users are engaging more meaningfully with crypto payments rather than merely experimenting with small amounts.