Inside Request Finance

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

Crypto-to-fiat payment volume on Request Finance reached an all-time high in June 2025.

July 10, 2025

Happy Summer, Request Finance fans!

Welcome to a new monthly edition, where we review Request Finance’s usage metrics since our last update.

Last month, the volume of payments in Crypto to Fiat on Request Finance has hit a new all-time high.

Our mission is to make crypto the default for modern business payments. Through these transparency reports, we aim to showcase the growing adoption of crypto, which is driven by practical use cases such as cross-border transfers, improved operational efficiency, and greater financial flexibility.

Summary

User & Activity Growth in June 2025

  • 📈 Number of crypto payments monthly: 5,025 
  • 💸 Value of crypto payments monthly: $29.9 million
  • 🧾 A total of $1+ billion in crypto payments have been paid through the Request Finance platform.
  • 💰 Top 5 currencies used: $USDC, $USDT, $SAND, $USD, $ANKR
  • 💳 Top 5 chains: Ethereum, Polygon, BNB Chain, Aleo, Arbitrum

Note: This report excludes pure fiat-to-fiat payments initiated and settled in fiat currency.

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Commentary for June 2025

We help businesses involved in 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. 

Major Updates for Request Ops: 

Settle Crypto to Fiat with Base (USDC): Users can now pay Crypto-to-Fiat using USDC on Base chain

Filters Redesign: filters future-proof with better space management and scalability including status and amount range filters

Same-Day ACH: Users can convert crypto to fiat and settle payments via ACH within 5 hours to 1 business day

Declare as Paid Revamp: users can now set a payment date in the “declare manual payment” modal. The payment date is automatically populated, based on the explorer link

Major Updates for Request Accounting: 

Automatic wallet updates are now enabled for all EVM wallets on premium teams.

Yield-bearing token: Users can see yield-bearing token support to positions report

Contact search feature: Users can now search by contact and wallets

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 Crypto Payment Options

The number of payment networks and cryptocurrencies 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 crypto and fiat Operations, powering Accounts Payable, Accounts Receivable, Accounting, Payroll, Expenses, and flexible payments for enterprises. 

Our extensive support for new payment options enables projects across different chains to transact seamlessly with each other in their preferred token.

Number of crypto payments in June: 5,025

The number of crypto payments made in June saw a 22% fall in monthly new payments. 

The total number of crypto and fiat payments made on Request Finance stands at 131,704.

Value of crypto payments in June: $29.9m  

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

Around $29.9 million in crypto invoices were paid in June alone. 

Top cryptocurrencies: USDC, USDT, SAND, USD, ANKR

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

USDC continues to be the most preferred cryptocurrency being used on Request Finance, accounting for about 37% of all crypto payments made by our mostly enterprise users. 

Stablecoins are a popular choice for enterprise crypto payments, making up 75% of the crypto payments on Request Finance. 

The popularity of stablecoins can be explained by the same reasons most people prefer to transact in fiat currencies rather than volatile assets like cryptocurrencies or commodities. Their stable prices make them ideal as a medium of exchange and a unit of account, two essential money features.

USDT came in second, accounting for about 29% of the total payments in Request Finance, followed by SAND (7%) and USD (4%) via Crypto to Fiat payments.  

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

Top payment networks: Ethereum, Polygon, BNB Chain, Aleo, and Arbitrum

The Ethereum network remains the preferred choice for crypto payments, powering 65% of all transactions processed through Request Finance.

Polygon ranks second with 12%, followed by BNB Chain in third place at 8%.
Aleo, the newest addition to the platform, has quickly climbed to fourth place, signaling growing interest in privacy-preserving payments.

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.

Ludovic

CoS
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