Survey Reveals Surge in Stablecoin Adoption Post-GENIUS Act
- 13% of firms currently use stablecoins for cross-border payments.
- 54% of non-users plan to adopt stablecoins within the next six to twelve months.
- 41% of current users report at least a 10% reduction in costs using stablecoins.
- By 2030, stablecoins could facilitate $2.1 trillion to $4.2 trillion in cross-border payments, or between 5% and 10% of the total market.
- Only 8% of businesses currently accept payments in stablecoins.
The recent survey indicates that regulatory clarity from the GENIUS Act is pivotal for corporate adoption of stablecoins, with executives noting reduced uncertainty around liquidity and tax treatment.
With a projected potential value of $2.1 trillion to $4.2 trillion by the year-end, stablecoins are poised to become a significant part of global finance as adoption continues to grow among firms.(Source)
