According to a report by CryptoSlate, a survey released by Ernest & Young on September 15 shows that the majority of Financial Institution Groups and businesses that are not currently using stablecoins plan to deploy stablecoins in the next 6 to 12 months.
The survey, which included 350 decision makers, revealed that 54% of non-stablecoin users expect to start implementing by 2026, which could significantly boost stablecoin adoption among Financial Institutions Groups and corporates worldwide from the current 13%.
Among current users, 41% reported cost savings of more than 10% compared to traditional payment methods. Cross-border vendor payments were the most common use case, accounting for 62% of implementations.
The USDC is used by 77% of current adopters, the USDT is used by 59%, and the Euro-denominated EURC is used by 45% of surveyed organizations.
Financial Institution Group expects stablecoins to account for 5% to 10% of the value of global payments by 2030, equivalent to $2.10 trillion to $4.20 trillion according to EY-Parthenon estimates.
Ernest & Young survey: 54% of institutions not using stablecoins plan to start adopting them by 2026
2025-09-17 04:20:53
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