Stablecoins are poised to significantly impact global payments by 2030, according to a survey by EY-Parthenon. Currently, 13% of financial institutions and corporations utilize stablecoins, with over half of non-users planning to adopt them within the next 6 to 12 months. The report projects that stablecoins could represent 5% to 10% of cross-border payments by 2030, valued between $2.1 trillion and $4.2 trillion. The survey highlights the benefits of stablecoins, including faster settlement, lower costs, and improved liquidity, with 41% of current users experiencing at least 10% cost savings. Despite infrastructure challenges, 80% of firms are exploring stablecoin adoption, and 60% anticipate increased interest. The recent passage of the GENIUS Act has provided regulatory clarity, further supporting stablecoin growth. The stablecoin market cap has surged to nearly $291 billion, marking a 69% increase from the previous year.