USDT payment scenarios have opened up another area: offline outlets covered by Japan’s PayPay have been integrated with Binance Pay. However, it’s only for merchants supported by PayPay, plus eligible users—and the merchants are not all enabled at once.

With stablecoin payments rolling out, at the end of the day it means more people are using them. This usually shows up first in on-chain transfer volumes, and only then does it spill over into in-venue liquidity; the short-term price structure won’t change because of this. Based on current prices, the momentum around the theme is still there: ORDI is at 4.71, up 1.7% over 24 hours; NOT is at 0.000505, up 3.3% over 24 hours.

Next, keep an eye on whether stablecoin net inflows also expand further. If the money really flows back, then the benefit of broader adoption only counts once the story turns into a trend.