[B2B Payment Volume Ranks First, Accounting for Nearly 60% of Total Stablecoin Payment Volume] According to a report by Jinse Finance, market data shows that B2B transaction volume has reached $226 billion, accounting for 58% of the annualized total stablecoin transaction volume of $390 billion, firmly dominating the market. It significantly surpasses C2C ($77 billion), C2B ($76 billion), and B2C ($11 billion) transaction volumes. This structure closely resembles the wholesale capital flow model in traditional finance, while the nearly equal volumes of C2C and C2B indicate an underestimated signal in the retail market.