Blockchain Redefining Wholesale Payments

Oct 10, 2025 • 4 Min Read

September Recap

Q3 ended on a strong note with September representing the highest monthly funding of the year at $1.38 billion across 77 deals. Quarterly funding totals have been on an upward trend since Q4 of last year, with this quarter marking the highest quarterly amount since Q1 2023. Optimism surrounding the industry has increased under the new administration and notably after the passing of the GENIUS Act.

From a monthly perspective, September showed a 69% increase in funding compared to August, despite a 16% decrease in the total deal count. There were three...

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