Survey: 39% of crypto users are paid in stablecoins

A survey of 4,658 cryptocurrency users and potential users across 15 countries found that 39% receive their income in stablecoins, Cointelegraph reported. The study, commissioned by stablecoin infrastructure startup BVNK and conducted by YouGov, also revealed that 27% use stablecoins for daily payments, citing low fees and fast international remittances as the primary reasons. Respondents who are paid in stablecoins receive an average of 35% of their annual income in this form. Those using them for international transfers reported fee savings of around 40% compared to traditional methods. The survey noted that stablecoin ownership is higher in middle- and low-income countries (60%) than in high-income nations (45%), with Africa recording the highest rate at 79%.