Morph has launched a $150 million payment accelerator backed by Bitget to support high-volume stablecoin payment applications as adoption accelerates globally.
The initiative comes as the stablecoin market reaches roughly $320 billion in market capitalisation and processes about $33 trillion in annual transaction volume.
Morph said stablecoins have evolved beyond crypto trading tools into core financial infrastructure, with usage expanding across businesses and institutions.
The sector has seen rapid growth, with monthly transaction volumes exceeding $1.25 trillion and over 30 million active wallets, while business-to-business payments have surged to more than $6 billion monthly.
“Stablecoin transfers are more economically viable than traditional payment rails,”
Morph said, citing data showing 41% of institutional users report at least 10% cost savings.
The company expects further expansion, with projections that stablecoin market capitalisation could exceed $1.9 trillion by 2030 and broader adoption in emerging markets.
The accelerator aims to position Morph within this growth trend by funding payment-focused projects as stablecoins increasingly integrate into global commerce and financial systems.