Fireblocks: 90% of institutional investors plan to integrate stablecoins

Nine out of ten institutions plan to or are already using "stablecoins," primarily focusing on cross-border payments. Such estimates were obtained from Fireblocks.

Representatives of the digital asset platform surveyed 295 executives from banks, financial institutions, fintech companies, and payment services.

49% of respondents stated that they have added support for stablecoins, 23% are conducting pilot tests, and another 18% are in the planning stage. Only one in ten has not yet decided regarding the inclusion of tokens in their business processes.

Data: Fireblocks. Research results showed that banks have integrated stablecoins to restore cross-border volumes while maintaining existing infrastructure, fintech companies, and payment services — to increase margins and profits.

Institutions view stablecoins as a tool for modernization. Given their peg to fiat currencies, tokens are easier to integrate into existing treasury processes. Additionally, "stablecoins" allow for reclaiming market share from fintech companies and reducing the need for working capital.

"The race for stablecoins has become a matter of meeting the requirements of the times as client demand grows and use cases become increasingly mature," — states the report.

Trust in stablecoins is growing - not only due to progress but also because key barriers have receded. Only one in five respondents cited regulation or compliance as a hurdle, compared to 80% two years ago.

This shift reflects a wave of clear national policies, improved tools for combating money laundering, and the growth of international standards, analysts noted.

Data: Fireblocks. The document discusses the advantages of stablecoins in cross-border payments, especially for B2B solutions in developing countries in light of high costs and delays in TradFi systems.

Application Options

Banks are integrating stablecoins to restore competitive positions, reduce "friction," and meet customer expectations. For these purposes, 58% of institutions are utilizing the tool.

Among other common use cases:

• payment acceptance (28%);
• liquidity optimization (12%);
• settlements with merchants (9%);
• invoicing in B2B (9%).

Data: Fireblocks. Among the advantages mentioned by respondents, the top position is occupied by accelerating calculations (48%)

The following are:

• greater transparency (36%);
• improvement of liquidity (33%);
• integration with payment streams (33%);
• strengthening security (31%);
• reduction of transaction costs (30%).

Data: Fireblocks. Previously, Standard Chartered forecasted the capitalization of stablecoins to grow to $2 trillion by 2028, and the U.S. Treasury reported similar expectations. Citi expects the figure to reach $3.7 trillion in five years.

Recall that the working group on digital asset markets formed by US President Donald Trump in January identified the development of a regulatory framework for stablecoins as one of its priorities.

In May, the bill on "stablecoins" (GENIUS Act) failed in a key vote in the Senate.