Stablecoin supply$306BOct 2026USDT share60%of supplyReal stablecoin payments$390B2025Avg cost to send $2006.36%World BankUPI payments a day802MSep 2026Countries exploring a CBDC146May 2026India remittance inflows$135.46B2024-25Crypto card spend$18B+annualisedBharat Connect bills3.05B2025UK to India cost1.91%Q3 2025UAE to India cost3.72%Q3 2025Visa stablecoin settlement$20B+run rate

About MuffinPay Insights

Research for money that crosses borders

MuffinPay Insights is the research desk of MuffinPay. We cover stablecoins, central bank digital currencies, remittance, diaspora finance, business payments and the public rails governments use to move money, with 144 in-depth stories, a regulation tracker for 26 jurisdictions and a library of the reports that matter.

Editorial standards

How we work

01Primary sources first

Central banks, regulators, standard setters and company filings come before commentary. Every number carries a link.

02Dated figures

Fast-moving numbers carry an as-of date. When sources disagree we say so rather than pick the convenient one.

03Independent and neutral

We do not recommend products, coins, cards or exchanges, and nothing here is financial, legal or tax advice.

04Company lists

Lists of companies are ranked only by stated, measurable criteria such as revenue, volume or funding. MuffinPay never appears in its own lists.

05Corrections

Confirmed errors are fixed promptly and the modified date is updated so readers and search engines see the change.

The publisher

About MuffinPay

MuffinPay is building Life Payments — one place to pay bills, send money and spend across borders, with reach to 35,000+ billers in 180 countries. It was founded by Dileep Seinberg (Founder & CEO).

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FAQ

About MuffinPay and this site

What is MuffinPay?

MuffinPay is building Life Payments — one place to pay bills, send money and spend across borders, with reach to 35,000+ billers in 180 countries. Families use it to pay bills back home, send money to the bank account of someone they love and, soon, spend with one card. The waitlist opened in October 2026.

Who founded MuffinPay?

MuffinPay was founded by Dileep Seinberg, Founder & CEO, who has built bill payments, wallets and payments infrastructure since 2010.

Who writes MuffinPay Insights?

MuffinPay Research, the editorial desk of MuffinPay. Stories are researched from primary sources such as central banks, regulators, the BIS, IMF, World Bank and company filings, and every figure links to its source.

Is anything on MuffinPay Insights financial advice?

No. Articles, charts and the regulation tracker are general information. Rules and figures change; check the source and speak to a qualified adviser before acting.

How do I report an error?

Write to the editorial desk with the page link and the correction. Confirmed errors are corrected and the page's modified date is updated.

Editorial desk: info [at] muffinpay.com

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