Over the past 12 months, the total on-chain transaction volume of stablecoins has soared to an astonishing $46 trillion, marking a year-over-year growth of 106%. This scale is nearly equivalent to the core of the U.S. banking system—the ACH clearing network.
Against the backdrop of traditional cross-border payment systems that remain cumbersome and costly, a self-custodial stablecoin digital bank called AllScale has completed a $5 million seed funding round.
01 Behind the Funding: Targeting the "Super Individuals" Overlooked by Traditional Finance
On December 8, 2025, AllScale, a self-custodial stablecoin digital bank, announced the successful completion of a $5 million seed round.
This round was jointly led by YZi Labs, Informed Ventures, and Generative Ventures, with participation from Aptos Deep Mind, INP Capital, and several other investment firms.
This is far more than a simple capital play. AllScale positions itself as "the world’s first self-custodial stablecoin neobank." Its target users aren’t large multinational corporations, but rather a vast group long neglected by the traditional financial system:
Globally, these include AI-powered independent freelancers, distributed Web3 projects and DAO organizations, and small merchants conducting cross-border sales on platforms like Amazon and Shopify.
AllScale defines them as "super individuals"—the most dynamic "commercial capillaries" in the wave of AI-driven globalization.
02 Market Gap: When Globalized Productivity Meets Outdated Payment Systems
A profound commercial fault line is emerging. AI has empowered individuals with unprecedented productivity, enabling them to create value globally with military-like efficiency.
Yet, the cross-border payment systems that facilitate value transfer remain stubbornly slow, expensive, and biased. This major mismatch between supply and demand has created a significant market opportunity.
The pain points of traditional cross-border payments are clear and persistent. According to research from MetaComp, funds processed through traditional banks can "wander" for two to five business days before settlement.
For businesses reliant on cash flow, each day of delay in settlement can result in a loss of 0.6% to 2.1% of transaction value.
Fees present another major barrier. Small and medium-sized enterprises face cross-border transaction costs that are 15% to 30% higher than those for large corporations. Payments involving non-major currencies can see costs soar above 10%.
Chainalysis estimates that as early as 2023, on-chain stablecoin flows in the Yiwu market alone exceeded $1 billion.
03 Stablecoins Break Through: From Crypto Derivatives to Global Payment Infrastructure
The role of stablecoins has fundamentally shifted. Once a tool for crypto traders, they are now evolving into a new infrastructure for global liquidity.
When $46 trillion in on-chain transaction volume historically surpasses Visa’s scale, stablecoins are no longer just a simple medium of exchange.
They are becoming a new payment infrastructure gradually recognized by global regulatory frameworks. From legislative progress in the U.S. Congress to regulatory sandboxes in Hong Kong and Singapore, policy green lights are turning on one by one.
Industry giants are the truest indicators of market direction. In February 2025, fintech leader Stripe acquired crypto payments company Bridge for $1.1 billion.
Just three months after the deal closed, stablecoin payment services launched rapidly, with transaction volumes surging 30% month-over-month—clear evidence of immense market demand.
04 AllScale’s Solution: Integrating Self-Custody Wallets with Seamless Payments
AllScale’s solution directly addresses market pain points. Its product suite aims to package blockchain’s technical advantages into experiences that are familiar and easy for everyday users.
AllScale Pay is its flagship, handling core USDT/USDC payments and supporting one-click professional invoice generation and team collaboration accounts.
Its self-custodial wallet is a solid backbone. AllScale innovatively leverages Passkey technology, allowing users to register and generate a unique on-chain address using just fingerprint or facial recognition on their phone.
Private keys are encrypted and stored on the device’s secure chip, never touched by the system. This ensures users have complete control over their assets while eliminating the nightmare of mnemonic phrase memorization.
This solution targets four key business scenarios: solving payroll challenges for global distributed teams; providing compliant, efficient payment channels for cross-border sellers; helping freelancers in emerging markets convert digital labor into survival resources; and keenly capturing the needs of "super individuals" and social commerce on Telegram and WhatsApp in the AI era.
05 Why Should Gate Users Pay Attention to AllScale?
For a leading trading platform like Gate, with over 31.6 million users, the trends represented by AllScale closely align with the needs of its user base.
Gate users are known for their deep involvement in the crypto ecosystem and active exploration of emerging use cases. The platform supports over 2,500 digital assets and excels in trading payment-focused cryptocurrencies like Bitcoin Cash (BCH).
The mass adoption of stablecoins in real-world business scenarios driven by AllScale will provide a stronger value foundation and broader user base for the entire crypto ecosystem.
As stablecoin payments become widespread, assets like USDT and USDC will shift from being mere "intermediaries" in trading pairs to becoming "digital cash" with real productivity and circulation value.
06 The PayFi Narrative: Payments as a Starting Point, Not the End
AllScale’s emergence is the spark from the collision of three major historical trends in recent years. Beyond the mainstreaming of stablecoins and the infrastructure gap created by the AI economy, the third key wave is the rise of the PayFi narrative.
In the summer of 2024, Solana Foundation Chair Lily Liu introduced the new concept of PayFi. She believes the next billion users entering the crypto world will do so not through complex DeFi, but through everyday payment systems.
The core logic of PayFi is to transform payments from a simple endpoint into a programmable starting point.
On platforms like AllScale, funds shouldn’t just be static numbers. An in-transit payment can seamlessly participate in low-risk financial protocols.
The idea of "creating value at the moment of fund flow" is opening up entirely new profit opportunities for the age-old remittance industry.
Looking Ahead
When a young developer in Nairobi receives a USDC payment via AllScale within minutes, he may not realize he’s part of a quiet revolution.
This revolution could reach $6.2 trillion—the market gap currently occupied by inefficient traditional settlement systems and one that stablecoins are poised to disrupt.
In Yiwu, international buyers are beginning to pay Chinese merchants with USDT. In Africa, freelancers connect their digital services to global demand through the Skill Afrika community.
The $46 trillion flood of on-chain transactions shows no signs of slowing. It’s quietly reshaping the flow of global value along every newly opened branch of the digital highway. Payments—the oldest behavior in finance—are being redefined and given new boundaries by code and cryptography.
