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EY Survey: 54% of Institutions Not Using Stablecoins Plan to Adopt by 2026
Summary: According to a survey released by consulting firm EY on September 15, the majority of financial institutions and businesses currently not using stablecoins plan to allocate stablecoins in the next 6 to 12 months. The survey, covering 350 decision-makers, shows that 54% of non-stablecoin users expect to implement them by 2026, potentially increasing global adoption ...
According to a survey released by consulting firm EY on September 15, the majority of financial institutions and businesses currently not using stablecoins plan to allocate stablecoins in the next 6 to 12 months. The survey, covering 350 decision-makers, shows that 54% of non-stablecoin users expect to implement them by 2026, potentially increasing global adoption rates from the current 13%. Among current users, 41% reported saving over 10% in costs compared to traditional payment methods. Cross-border supplier payments are the most common use case, accounting for 62% of implementation cases. USDC holds a 77% usage rate among current adopters, USDT at 59%, and EURC, priced in euros, is used by 45% of surveyed organizations. Financial institutions expect stablecoins to represent 5% to 10% of global payment value by 2030, equivalent to $21 trillion to $42 trillion according to EY-Parthenon estimates. (CryptoSlate)
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Link: EY Survey: 54% of Institutions Not Using Stablecoins Plan to Adopt by 2026 [Copy]
