A survey by EY-Parthenon forecasts a substantial increase in stablecoin adoption, with cross-border volume expected to reach $4 trillion by 2030. The survey, conducted in June with 350 executives, highlights that regulatory clarity and cost savings are key drivers for this growth. Following the Senate's passage of the GENIUS Act, which established rules for U.S. dollar-denominated stablecoins, 13% of firms currently use stablecoins for cross-border payments, and 54% of non-users plan to adopt them within the next year.
Despite the anticipated growth, only 8% of businesses currently accept stablecoin payments, with many relying on banking and fintech partners for integration. By 2030, stablecoins could account for 5% to 10% of all cross-border payments, valued between $2.1 trillion and $4.2 trillion.
Stablecoin Cross-Border Volume Projected to Hit $4 Trillion by 2030
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