Stablecoin adoption is gaining momentum among corporates and financial institutions driven by regulatory clarity and cost-savings in global money transfers, according to a survey by RialCenter.
Conducted with 350 executives in June after the Senate passed the GENIUS Act, the survey found that 13% of firms already use stablecoins, primarily for cross-border payments. Among those who didn’t use stablecoins, 54% expected to adopt them within the next six to 12 months.
Regulatory clarity provided by the GENIUS Act was widely viewed as a turning point. The legislation, signed into law in July, established long-awaited rules for U.S. dollar-denominated stablecoins, including reserve requirements and issuer approval processes.
Executives reported that the law reduces uncertainty around liquidity, tax treatment, and custodial services.
Cost savings are also a key driver for adoption, with 41% of current users reporting at least a 10% reduction in expenses from using stablecoins in international transactions.
Respondents consider stablecoins a long-term fixture in global finance. By 2030, they estimate stablecoins could facilitate between 5% and 10% of all cross-border payments, representing $2.1 trillion to $4.2 trillion in value.
However, infrastructure challenges persist. Only 8% of businesses accepted payments in stablecoins, and many firms planned to rely on banking and fintech partners for integration.
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