Survey: 88% of companies plan to adopt stablecoins in the next year, cross-border payment costs reduced by 35% on average

BlockBeats News, July 1st - Payment infrastructure company Cybrid released its latest survey report showing that stablecoins are accelerating their entry into enterprise payment scenarios. The survey indicates that 42% of the surveyed enterprises have already used stablecoins for cross-border payments, 88% of enterprises said they are likely or very likely to adopt stablecoins within the next 12 months, and only 2% of enterprises said they will continue to rely entirely on traditional payment systems.

The report shows that enterprises adopting stablecoins can save an average of 35% on cross-border payment costs, with enterprises handling monthly payment volumes exceeding $100 million achieving average cost savings of up to 47%. Payroll and contractor payments are currently the most common use case, followed by supplier payments, customer payments, investment and income management, and treasury management.

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