Visa Study Reveals Growing Interest in Stablecoins Across APAC
- 46% of Asia Pacific consumers plan to use stablecoins within the next five years.
- Only 16% of respondents have used stablecoins in the past year.
- Common use cases include online purchases, travel spending, and overseas shopping.
- 49% believe stablecoins could be used for cross-border payments within five years.
- Only a small fraction, just 6%, understand how stablecoins work.
The Visa Consumer study highlights a significant interest in stablecoins among APAC consumers, despite limited current usage and understanding. Misconceptions and fraud fears are barriers to adoption, but Visa aims to integrate stablecoin technology into its regulated payment systems to bridge this gap.
With nearly half of consumers open to using stablecoins for various transactions, Visa’s integration efforts could normalize their use in everyday financial activities across the region. (Source)
