Unanimously. Stablecoins have become an essential element of the crypto ecosystemby providing stability of value (by being backed and/or indexed to fiduciary currencies) which lacks other cryptocurrencies. But they are not only used by individuals, far from it. According to a new Fireblocks report, an overwhelming majority of financial institutions have also adopted these stable tokens.
The key points of this article:Stablecoins have won 90 % of the financial institutions that use them or plan to integrate them.
Cross -border payments have been identified as a strategic priority for the adoption of stablecoins by traditional banks.
Stablecoins are already used by 49 % of financial institutions
In its report entitled «The State of Stablecoins in Financial Services», the company Fireblocks thus reveals that 90 % financial institutions questioned use or consider using stablecoins in their operations. Among the 295 executives interviewed, from traditional banks, financial institutions, fintechs and payment gateways, almost half (49 %) said already use stablecoins For payments. Others are in testing (23 %) or planning (18 %), only 10 % remain undecided As for their adoption.
“The Stablecoins race has become essential in order to avoid obsolescence, even though customers' demand accelerates and use cases mature. »»
Rapport « The State of Stablecoins in Financial Services ». Source : fireblock.com
The report underlines that the cross -border payments are the main priority for using stablecoins. Indeed, 58 % of traditional banks use them for these international transactions, compared to 28 % to accept payments.
90% of institutions already use stablecoins or have launched a pilot project according to this study – Source: Fireblock
Cross -border payments facilitated by these stable cryptos
The advantages mentioned also include faster regulations (48 %), a larger transparencybetter management of liquidityintegrated payment flows, a security increased and costs reduced transaction. For banks, stablecoins represent a path to modernization. They allow reduce friction and meet customer expectations, while offering a lever To recover market share against fintech companies. Their adoption now goes beyond simple cost reduction. It is even perceived as a strategic growth engine, opening up new opportunities income and allowing a expansion on new markets. With 90 % of institutions taking measures to integrate stablecoins, it is clear that these digital assets play a key role in the transformation of the financial sector. And the United States of Donald Trump understood this by preparing A regulatory framework for these cryptocurrencies like no other.