The following is a guest post and opinion from Jenny Drinkwater, Marketing Manager at System73.
For years, crypto payments have lived in an awkward middle ground. They were never quite mainstream, but they also never disappeared. Merchants experimented, users showed curiosity, and yet, for most businesses, accepting crypto still felt like something peripheral rather than essential.
As the industry moves toward 2026, that dynamic is changing — not because crypto suddenly became more exciting, but because payment infrastructure around it is becoming more practical. The focus is shifting away from ideology and toward execution: settlement, compliance, and integration with existing systems.
The next phase of crypto payments will not be loud or revolutionary. Instead, it will be quieter, more embedded, and far more aligned with how businesses already operate.
Crypto payments are becoming a settlement problem, not a marketing one
One of the biggest misconceptions about crypto payments has always been the assumption that merchants want to hold digital assets. In reality, most don’t.
Volatility, accounting treatment, tax implications, and regulatory uncertainty have consistently made crypto holdings unattractive for non-crypto-native businesses. Even companies interested in crypto users often struggled to justify the operational overhead.
What’s changing is how payments are settled. By 2026, the dominant approach will be to accept crypto while avoiding exposure to it — a model already adopted by several payment processors operating at the intersection of crypto and traditional finance.
Three payment models are shaping the future
As crypto payments mature, three distinct models have emerged. Each serves a different audience, and not all are likely to scale in the same way beyond 2026.
1. Wallet-to-wallet payments remain crypto-native
Direct wallet-to-wallet payments are still the most recognizable form of crypto transactions. Customers pay in crypto, and merchants receive crypto.
Platforms such as Coinbase Commerce and Binance Pay have made this flow accessible, and for crypto-native businesses, it works well. Exchanges, Web3 platforms, and blockchain services are already built around digital assets, so holding crypto is part of their operational model.
That said, this approach remains limited outside the crypto ecosystem. For traditional merchants, exposure to price swings and balance sheet volatility continues to be a deterrent. As a result, wallet-to-wallet payments are expected to remain relevant primarily within crypto-first environments.
2. Hybrid crypto-to-fiat processors drive real adoption
The second model is where crypto payments begin to look familiar to traditional businesses.
Hybrid crypto-to-fiat processors allow customers to pay in digital assets while merchants receive settlement in fiat. From an operational standpoint, these payments behave much like card transactions, even though crypto rails are used underneath.
This model is used by providers such as BitPay, CoinGate, NOWPayments, and ForumPay, all of which focus on abstracting crypto complexity rather than promoting asset exposure. Instant conversion, predictable settlement, and compatibility with existing accounting workflows are central to this approach.
What’s notable is how these platforms have expanded beyond simple checkout flows. Billing, invoicing, in-app payments, and recurring transactions are increasingly supported, reflecting how businesses actually operate. For companies that want access to crypto users without restructuring their financial operations, this hybrid model has become the most practical entry point.
As regulatory clarity improves — particularly in Europe — this approach is gaining traction among businesses that prioritize compliance and operational stability.
3. Embedded crypto infrastructure fades into the background
The third model pushes crypto even further out of sight.
Instead of presenting crypto as a payment method, infrastructure-focused platforms embed crypto settlement directly into applications via APIs. In this setup, crypto functions as a backend rail rather than a front-facing feature.
This enables in-app purchases, automated billing, payouts, and cross-border payments without requiring users or merchants to interact with wallets or blockchains. From the outside, these transactions look like standard digital payments.
Some platforms that already support hybrid crypto-to-fiat flows — including ForumPay — are also moving in this direction by offering APIs and infrastructure that integrate crypto payments into broader business systems. In many cases, end users may not even realize crypto is involved at all.
As software-driven commerce continues to grow, this embedded approach is expected to play a larger role after 2026.
What will really change by 2026
The most important shift in crypto payments over the next few years won’t be technological. It will be conceptual.
Crypto payments are moving away from experimentation and toward normalization. Businesses are less interested in new payment methods and more focused on reliability, compliance, and seamless integration.
Several trends are already shaping this transition:
- Crypto becoming less visible at checkout
- Settlement certainty taking priority over asset exposure
- Compliance aligning crypto payments with existing regulations
- Payments integrating directly into billing and application workflows
In this environment, providers that treat crypto as infrastructure — rather than as a standalone product — are likely to remain relevant.
The quiet normalization of crypto payments
Ironically, the future of crypto payments looks far less exciting than its early days — and that’s a positive sign.
By 2026, many businesses will accept crypto without highlighting it. Customers may not know or care whether a payment settles via card networks, bank rails, or blockchain infrastructure. What matters is that transactions work, settle predictably, and fit into existing systems.
This is how financial technology matures. Infrastructure succeeds when it becomes invisible.
Crypto payments are finally heading in that direction.
Looking ahead
Crypto payments are not replacing traditional systems overnight. Instead, they are evolving alongside them, offering alternative settlement rails where they add value and integrating quietly where they don’t need to be seen.
Wallet-to-wallet payments will continue to serve crypto-native businesses. Hybrid processors like BitPay, CoinGate, and ForumPay will bridge digital assets and traditional commerce. Embedded infrastructure will push crypto deeper into applications and platforms.
Together, these models define how crypto payments will change in 2026 — not through disruption, but through integration.
Disclaimer – this was a promoted (paid) post as part of our Thought Leadership program for contributors.