42% of companies use stablecoins for global payments, survey finds

Corporate adoption of stablecoins is expected to surge over the next 12 months, according to a survey from payment infrastructure firm Cybrid, as reported by Cointelegraph. The report found that 42% of companies surveyed already use stablecoins for overseas payments. Furthermore, 88% of all respondents said they are likely or very likely to use stablecoins within the next year. According to the survey, companies using stablecoins saw their global payment costs decrease by an average of 35%. For firms with monthly payment volumes over $100 million, the savings were as high as 47% on average. The survey was conducted among 468 executives and corporate leaders.