Per an EY-Parthenon survey, 54% of business leaders who have yet to touch stablecoins plan to do so by 2026.

Why the change of heart? Lower transaction costs and faster cross-border payments are the main reasons organizations are turning to stablecoins.

Since crypto wallets play a key role in enabling stablecoin transactions, choosing the right one matters. One option we like is Best Wallet, thanks to its ease of use and security.

Its native token, $BEST, also deserves a shout-out. It’s close to raising nearly $16M on presale, as it supports the wallet’s developments and grants holders low gas fees.

Only 13% of Firms Use Stablecoins, But 41% Report Big Savings

The report found that, right now, only around 13% of financial institutions and  international corporations use stablecoins. One of the main reasons for them not doing so boils down to regulatory uncertainty.

Yet, this percentage is on the rise following the passage of the GENIUS Act on July 18. It gives institutions greater regulatory clarity and, thus, confidence to move forward with adopting these digital assets.

And it’s no wonder stablecoins are attracting attention. Among current users, 41% said they’ve saved over 10% in costs compared to traditional payment methods.

The top use case for stablecoins is cross-border supplier payments, which account for 62% of implementations.

The reason is that they’re 1:1 backed by reserve assets (often the US dollar) for stability. Yet, they have fas

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Author: Leah Waters