Half of global organizations, Stablecoin payment already introduced…Signal for restructuring payment market

It has been found that about half of the world’s financial institutions are already using stablecoins as a means of payment. According to a report published by cryptocurrency custody company Fireblocks, 49% of surveyed institutions have adopted stablecoins in their payment infrastructure, with real use cases rapidly expanding particularly in North America.

The report cited areas where North American institutions utilize stablecoins as ▲Cross-border payments (39%) ▲Collections (22%) ▲Merchant settlements (18%) ▲Internal fund operations (12%) ▲B2B invoice payments (9%). It is analyzed that they are expanding into advanced functions such as real-time asset management and settlement optimization beyond simple remittances.

Regulatory environment changes are also supporting this trend. 88% of North American respondents evaluated the upcoming stablecoin regulations positively, and there is high interest in the Genius (GENIUS) stablecoin regulation bill within the United States.

Fireblocks predicted that "Stablecoins are changing the paradigm of payment technology and will become an essential component of global financial infrastructure in the long term." The market has already begun to accept stablecoins as a practical means in financial practices beyond simple technology testing.