Survey Reveals High Satisfaction Among Businesses Using Stablecoins

A recent survey conducted by Payoneer indicates that 90% of businesses utilizing stablecoins at scale find the technology worthwhile. The report, titled "Stablecoin Steps Up," was unveiled at the Money20/20 conference in Las Vegas and surveyed 265 senior leaders in payments, treasury, and finance from U.S.-based companies with annual revenues exceeding $100 million.

The findings show that nearly 70% of respondents are actively using stablecoins, with 41% employing them at a meaningful scale. Additionally, 82% anticipate that stablecoins will become integral to their financial infrastructure within the next three years. Businesses reported various operational benefits, including faster settlement times, improved access to markets, and enhanced experiences for payment recipients.

Companies with complex international operations reported even greater advantages, particularly in supplier and contractor payments, where 82% plan to expand their use of stablecoins. The survey also highlighted that a third of respondents currently offer stablecoin capabilities to customers, with another 50% planning to do so within three years. Despite the operational challenges of integrating stablecoins into existing systems, confidence in their utility continues to grow among businesses.

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Source: KLEA News