Survey Finds Growing Stablecoin Use
A global survey of 4,600 cryptocurrency users found that 39% now receive income, including salaries and freelance payments, in stablecoins. The report also revealed that 77% of users would open a stablecoin wallet with their primary fintech or banking provider. This data suggests digital dollar-equivalents are moving from a niche asset to an everyday financial technology.
- The total market capitalization of stablecoins grew tenfold in five years, from $28 billion in 2020 to $282 billion in 2025, with projections suggesting it could reach $1.9 trillion by 2030. - In July 2025, the U.S. enacted the "Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act," creating a federal regulatory framework for stablecoin issuers. This legislation requires issuers to back stablecoins on a one-to-one basis with reserves like U.S. dollars or short-term Treasuries. - The two largest stablecoins, Tether (USDT) and USD Coin (USDC), command over 90% of the market share, highlighting significant market concentration. - For international workers and freelancers, receiving payments in stablecoins can reduce transaction fees by over 50% and cut down settlement times from several days to just minutes compared to traditional wire transfers. - A study of U.S.-based remittance users found that 26% have already used stablecoins for sending money abroad, with average transaction costs being significantly lower than the 6.2% charged by traditional services. - Global payroll platform Deel, which processes $22 billion in payments annually, announced a partnership with MoonPay in February 2026 to offer salary payouts in stablecoins, starting in the U.K. and EU. - Beyond payroll, B2B payments are the largest use case for stablecoins, accounting for an estimated $226 billion in annual volume, as businesses use them for supply chain payments and liquidity management. - While adoption is growing, the actual volume of stablecoin payments for goods and services was estimated at $390 billion in 2025, representing a small fraction of global payment volumes but more than doubling from the previous year.
