Source: Cointelegraph
Original: “Fireblocks Survey: 90% of Institutions 'Take Action' on Stablecoins”
A report from Fireblocks, an enterprise-level digital asset platform, shows that 90% of institutional investors are using or exploring the use of stablecoins in their businesses.
The report, released on May 15, surveyed 295 executives from traditional banks, financial institutions, fintech companies, and payment gateways. Nearly half of the respondents (49%) indicated that they are already using stablecoins for payments, while 23% are conducting pilot tests, and another 18% are in the planning stage.
Only 10% of institutions in the survey expressed a wait-and-see attitude towards adopting stablecoins.
"The stablecoin race has become a key issue to avoid being left behind, driven by accelerating customer demand and increasingly mature use cases," Fireblocks noted in the report.
As traditional cross-border systems are constrained by high costs, delays, and other inefficiencies, stablecoins have emerged as a strategic solution in the business-to-business (B2B) environment in emerging markets.
The report found that financial institutions, particularly traditional banks, prioritize cross-border payments as the primary use case for stablecoins. Banks leverage stablecoins to gain a competitive edge, reduce transaction friction, and meet customer expectations.
Survey data shows that 58% of traditional banks use stablecoins for cross-border payments, while 28% adopt these assets to receive payments. 12% of banks use stablecoins to optimize liquidity management, and 9% deploy stablecoins in merchant settlement. Another 9% apply them to B2B invoicing systems.
Fireblocks pointed out that banks view stablecoins as a "pathway to modernization." Since these assets are pegged to fiat currencies, they are easier to integrate into existing cash management workflows. Additionally, stablecoins provide banks with an effective means to reclaim market share from fintech companies and reduce capital lock-up.
Use cases of stablecoins in traditional banks. Source: Fireblocks
The latest survey results reveal that traditional banking institutions adopt stablecoins primarily to restore the scale of cross-border transactions while maintaining existing infrastructure. In contrast, fintech companies and payment channel service providers increase profit margins and enhance revenue levels through the application of digital assets.
Among the many advantages mentioned by survey respondents, faster transaction settlement speed ranked first, with about 48% of participants agreeing.
Other significant advantages include improved transaction transparency, optimized liquidity management, integrated payment processes, enhanced security, and reduced transaction costs.
Related: Stablecoin bill passed in the Northern Mariana Islands, House overturns previous veto.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
