Bitcoin Took Top Spot In 2025 Crypto Payments, Litecoin Third-Most Used: CoinGate

bitcoinistPublished on 2026-01-22Last updated on 2026-01-22

Abstract

In its 2025 report, payment processor CoinGate announced Bitcoin reclaimed its position as the most used cryptocurrency for payments on its platform, accounting for 22.10% of all transactions. This dethroned the previous leader, Tether (USDT), which held a 16.60% share. Litecoin secured the third spot with 14.40% of payments, attributed to its fast and cheap transactions. Ethereum and Tron both saw growth in their payment shares. The Bitcoin blockchain, including Lightning Network, was the most used network. The United States was the leading country for transactions. Notably, more merchants chose to settle payments in crypto, with stablecoins being the preferred method. Despite its payment dominance, Bitcoin's price was down over 9% at the time of writing, trading around $88,300.

A new report from CoinGate shows Bitcoin took back the crown in cryptocurrency payments during 2025. Here’s how the rest of the rankings looked.

Bitcoin Was The Most Used Cryptocurrency On CoinGate In 2025

In a new thread on X, digital asset payments processor CoinGate has shared insights from its latest report about transactions that occurred on the platform in 2025. In total, CoinGate processed 1.42 million cryptocurrency payments during the year, bringing its total lifetime payments beyond 7 million.

As the below pie chart shows, Bitcoin accounted for 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 ranked the highest in payments on the platform, beating Bitcoin. With a share of 22.10% in 2025, however, the original cryptocurrency managed to reclaim the top spot over the stablecoin, which ended the year with a payments dominance of 16.60%.

The third position was occupied by Litecoin, which was involved in 14.40% of CoinGate payments. In Summer 2025, LTC even briefly became the second-best coin in the metric. Litecoin being preferred over some other popular assets could be due to the fact that its blockchain offers cheap and fast transactions as core features.

Ethereum and Tron, the fifth and sixth most used coins, both observed growth in payments dominance during 2025. “TRX payment share grew from 9.1% to 11.5% and ETH from 8.9% to 10.6%,” noted CoinGate.

In terms of networks, the Bitcoin blockchain, including the Lightning Network, was the most widely used on the platform in 2025, symmetrical with the token’s payments share itself.

Looks like LTC ranked lower on this list | Source: CoinGate on X

As displayed above, the second and third largest networks on CoinGate were Tron and Ethereum, occupying shares of 19.6% and 15.1%, respectively. These blockchains being above Litecoin despite their native tokens accounting for lower payment shares is because they also facilitate stablecoin transactions.

The United States led in country rankings on the platform, with 24.37% of payments on the platform taking place in the nation. Germany and Netherlands rounded out 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 saw significant usage on the platform in terms of being a payment mode, but that’s not all they were used for. According to the report, merchants also increasingly chose to settle in digital assets.

More specifically, cryptocurrency settlements rose from 27% in 2024 to 37.5% in 2025. Stablecoins were the preferred option for merchants, being involved in 25.2% of all settlements, while Bitcoin occupied a smaller, but still notable, 9.7% share.

Merchants also used cryptocurrencies to pay vendors, affiliates, partners, and contractors. “The most popular payouts were in USDC, Bitcoin, and Ethereum,” said CoinGate. Stablecoins once again dominated here, occupying a payouts share of 87.8%.

BTC Price

At the time of writing, Bitcoin is trading around $88,300, down more than 9% over the last week.

The price of the coin seems to have plunged over the last few days | Source: BTCUSDT on TradingView

Related Questions

QWhich cryptocurrency took the top spot in CoinGate's 2025 crypto payments, and what was its share?

ABitcoin took the top spot in CoinGate's 2025 crypto payments with a share of 22.10%.

QWhat was Litecoin's ranking and payment share on CoinGate in 2025?

ALitecoin was the third-most used cryptocurrency on CoinGate in 2025, accounting for 14.40% of payments.

QWhich country led in CoinGate payment transactions in 2025, and what was its share?

AThe United States led in CoinGate payment transactions in 2025 with a share of 24.37%.

QHow did the percentage of cryptocurrency settlements by merchants change from 2024 to 2025 on CoinGate?

ACryptocurrency settlements by merchants increased from 27% in 2024 to 37.5% in 2025 on CoinGate.

QWhich stablecoin was the most preferred for merchant settlements and payouts on CoinGate in 2025?

AStablecoins were the most preferred for merchant settlements and payouts, with USDT and USDC being prominent. Stablecoins accounted for 25.2% of settlements and 87.8% of payouts.

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