A new report from CoinGate shows that Bitcoin has reclaimed the crown in cryptocurrency payments by mid-2025. Here’s what some of the levels look like.
Bitcoin Was the Most Used Cryptocurrency on CoinGate in 2025
In a new thread on X, digital asset payment processor CoinGate shared insights from its latest report on transactions occurring on the platform in 2025. In total, CoinGate processed 1.42 million cryptocurrency payments during the year, bringing its total lifetime payments to over 7 million.
As the pie chart below shows, Bitcoin had the largest share of these payments.
The most popular digital assets on CoinGate in 2025 | Source: CoinGate on X
Back in 2024, Tether’s USDT was ranked the highest in payments on the platform, beating Bitcoin. With a share of 22.10% in 2025, however, the first cryptocurrency was able to regain the top position of the stablecoin, which ended the year with a dominance of payments of 16.60%.
The third position was taken by Litecoin, which was involved in 14.40% of CoinGate payments. In the summer of 2025, LTC even became the second best coin in the metric. Litecoin is preferred over other popular assets either because its blockchain offers cheap and fast transactions as key features.
Ethereum and Tron, the fifth and sixth most used coins, both saw the growth of payments dominance during 2025. “TRX payout share grew from 9.1% to 11.5% and ETH from 8.9% to 10.6%,” CoinGate noted.
In terms of networks, the Bitcoin blockchain, including the Lightning Network, was widely used on the platform in 2025, symmetrical with the payment share of the token itself.
Looks like LTC ranked lower on this list | Source: CoinGate on X
As shown above, the second and third largest networks in CoinGate were Tron and Ethereum, holding 19.6% and 15.1% shares, respectively. These blockchains are superior to Litecoin despite their native token count with lower payment shares because they also host stablecoin transactions.
The United States led the country’s placement on the platform, with 24.37% of payments on the platform occurring in the nation. Germany and the Netherlands made up the top three with shares of 6.83% and 5.16%, respectively.
How crypto payments on CoinGate compared across countries | Source: CoinGate on X
Cryptocurrencies have seen significant use on the platform in terms of payment, but that’s not the only place they were used. According to the report, retailers are also increasingly choosing to settle on digital assets.
Specifically, cryptocurrency payouts have increased from 27% in 2024 to 37.5% in 2025. Stablecoins were the preferred choice of traders, involved in 25.2% of all settlements, while Bitcoin took a small, but significant, share of 9.7%.
Merchants also use cryptocurrencies to pay vendors, contacts, partners, and contractors. “The most popular payments were in USDC, Bitcoin, and Ethereum,” CoinGate said. Stablecoins also dominated here, taking an 87.8% share of payments.
BTC price
At the time of writing, Bitcoin is trading around $88,300, down more than 9% from last week.
The price of the coin seems to have plunged over the last few days | Source: BTCUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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