Request Finance in Numbers: July 2025 - ATH in Crypto to Fiat payments

Commentary for July 2025

We help businesses involved in stablecoin, crypto and fiat. We prioritize partnering with the safest chains, stablecoin issuers, and infrastructures to power crypto and fiat Accounts Payable, Accounts Receivable, Accounting, Payroll, and Expense Payments. 

At the product level. 

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Major Updates for Request Ops: 

Crypto-to-Fiat payment volume discounts: Users now automatically receive discounts based on their payment volume. Learn more here

Payment insurance visibility: For eligible single payments, an Opencover badge is now shown to indicate transaction insurance

Test Payments: Users can now send a test payment to a wallet address. The recipient will receive an automated email asking them to confirm receipt. For added transparency, payers can view the full verification history.

Declarative Payment Revamp: We’ve improved the design and user flow. Users can now easily copy the wallet address and specify a custom payment date.

InvoiceMe Denomination & Payment Settings: Payers now have more control over InvoiceMe links, restricting them to specific tokens (e.g. USDC-only).

Login Method Visibility in Team Menu: The Team menu now displays each member’s login method, making tracking who is using 2FA easier.

Crypto-to-Fiat Payment ETA: The estimated arrival time (ETA) for crypto-to-fiat payments now appears in the payment timeline for better visibility.

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Major Updates for Request Accounting: 

Automatic NFT Pricing: NFT prices are automatically set based on the token values from associated swap transactions.

ERP vendor matching: First step towards Accrual Accounting

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Request Finance powers crypto-to-fiat payouts to 190+ countries for 20+ fiat currencies, including EUR, USD, GBP, AUD, SGD, JPY, KRW, IDR, HKD, THB, NZD, CHF, INR, SEK and AED; see the list here. 

New Payment Options

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The number of payment networks and stablecoins supported on Request Finance is second to none and continues to grow monthly. Businesses can send and receive payments in 380+ cryptocurrencies and stablecoins, 20+ fiat currencies, and 20 blockchains. 

If you’d like to see a token or chain supported in Request Finance, contact us on Twitter! 

Request Finance is the ultimate finance platform for stablecoin, crypto and fiat Operations, powering Accounts Payable, Accounts Receivable, Accounting, Payroll, Expenses, and flexible payments for enterprises. 

Number of payments in July: 6,080

The number of crypto payments made in July saw a 21% rise in monthly new payments. 

The total number of crypto and fiat payments made on Request Finance stands at 137,784.

Value of payments in July: $34.9m  

A key success indicator at Request Finance is the dollar value of crypto payments made through the platform. Around $1+ billion of cryptocurrency payments have been made through the Request Finance platform. 

Around $34.9 million in crypto invoices were paid in July alone. 

Top currencies in July: USDC, USDT, ALEO, USD, EUR

Another data point to track is which currencies are most often used on Request Finance. 

USDC remains the preferred digital currency used on Request Finance, accounting for about 37% of all crypto payments our enterprise users make. 

Stablecoins are making up around 80% of the crypto payments on Request Finance, a clear reflection of their popularity for business transactions.

USDT came in second, accounting for about 25% of the total payments in Request Finance, followed by ALEO (15%), USD (8%), and EUR (4%) via crypto-to-fiat payments.  

You can find the complete list of currencies supported in the Request Finance app here.

Top payment networks in July: Ethereum, Aleo, Tron, Solana and Polygon

Ethereum continues to lead as the most used network for crypto payments on Request Finance, powering 56% of all transactions. 

Aleo follows in second place with 15%, and Tron takes third with 7%. 

Rounding out the top five are Solana (6%) and Polygon (5%).

Through this monthly report, we hope to provide an overview of what’s happening with Request Finance and the data driving our product development decisions. We hope our transparency commitment will inspire new users to take their first steps into invoicing and payments with cryptocurrency for their business.