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88% of surveyed companies plan to use stablecoins, which can reduce cross-border payment costs by 35%

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On July 1st, payment infrastructure company Cybrid released a survey report showing that 42% of surveyed companies have already used stablecoins for cross-border payments, and 88% of companies plan to adopt stablecoins in the next 12 months. Enterprises adopting stablecoins can save an average of 35% in cross-border payment costs, while enterprises with monthly payment scales exceeding $100 million can save an average of 47% in costs. Wages and contractor payments are the main application scenarios, and 71% of respondents believe that a clear regulatory framework is the primary factor in promoting the popularity of stablecoins. The survey was conducted between April and May this year, covering 468 corporate executives in the United States, Canada, and the United Kingdom.

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