Survey: 88% of Enterprises Plan to Adopt Stablecoins in the Next Year, Average Cross-Border Payment Cost Reduced by 35%

BlockBeats News, July 1st, Payment infrastructure company Cybrid released its latest survey report showing that stablecoins are accelerating their entry into the enterprise payment scene. The survey found that 42% of the surveyed enterprises have already used stablecoins for cross-border payments, 88% of the enterprises indicated that they may or are very likely to adopt stablecoins in the next 12 months, while only 2% of the enterprises stated they would continue to rely entirely on the traditional payment system.

The report shows that enterprises adopting stablecoins can save an average of 35% in cross-border payment costs, with enterprises with a monthly payment volume exceeding $100 million experiencing cost savings of up to 47% on average. The primary application scenarios currently are wage and contractor payments, followed by supplier payments, customer payments, investment and revenue management, and fund management.

Additionally, 71% of the respondents believe that a clear regulatory framework is the primary factor driving further adoption of stablecoins, surpassing factors such as the credibility of infrastructure providers and system integration. The survey was conducted between April and May this year, covering 468 executives from technology, financial services, and e-commerce companies in the United States, Canada, and the United Kingdom.