90% of the institutions already use them or check their use

A growing number of financial institutions relies on stable coins, not only for reducing costs, but as a cornerstone for future growth.

According to the new Data The digital asset company Fireblock has already used 90 % of the financial companies surveyed or actively prepare their introduction.

The results that are based on a survey among almost 300 managers from traditional banks, fintech companies and payment platforms indicate that the digital financial landscape moves from the experiment phase to implement.

Almost half of the respondents already stated that there were already stable coins for payments, while others test or plan the introduction. Only a small minority – just 10% – is still holding back.

The old payment systems are no longer sufficient in the globalized economy, and traditional banks seem to take stable coins seriously as upgrade. The report emphasizes that 58% of the banks use these digital assets for cross -border transfers, while others use them for payment acceptance, liquidity optimization and dealer bills.

Since stable coins are linked to fiat currencies, banks see them as easy to integrate into the existing treasury infrastructure without having to revise backend systems. Fireblocks described it as a “way to modernize” and as a potential instrument to regain lost terrain compared to agile fintech competitors.