Nearly half of global institutions now use stablecoins for payments: Fireblocks

49% of global institutions are already using stablecoins for payments, with another 41% in the piloting or planning stages, according to a May 22 report by crypto infrastructure firm Fireblocks, published on its official blog. The report highlights strong momentum in North America, where institutions are actively rolling out stablecoin-based payment flows across cross-border transfers (39%), payment acceptance (22%), merchant settlement (18%), internal treasury operations (12%) and B2B invoicing (9%). Additionally, 88% of North American respondents expressed a positive outlook on stablecoin regulations.