From Cointelegraph

June 10, 2025 11:43 PM:

Interest in stablecoins has tripled among Fortune 500 executives, with 29% interested in stablecoins compared to 8% in 2024, citing slow transaction speeds and high fees as key reasons. Smaller businesses are also interested, with 81% of financial decision-makers at SMBs considering stablecoins, and 46% planning to use crypto in the next three years.

Organic stablecoin transfer volumes hit $719 billion in December 2024, surpassing Visa and Mastercard volumes by 7.7%. Total stablecoin volumes reached $27.6 trillion in 2024, with over 161 million holders in May. Stablecoins are increasingly seen as a solution for various financial pain points, such as cross-border transactions and inflation protection.

Large companies like Uber are studying stablecoin use to reduce costs, while 90% of institutional players are exploring stablecoin use. Russia is considering developing its own stablecoin, and Abu Dhabi institutions have created a dirham-pegged stablecoin. The rise in stablecoin interest reflects a growing belief in the benefits of crypto for financial transactions.

Read more at Cointelegraph: Stablecoin Interest Among Fortune 500 Executives Up Threefold