BVNK-commissioned global survey by YouGov covers 4,658 crypto users and potential users in 15 countries. 39% of participants receive income via stablecoin, 27% use it for daily payments. Low fees and fast cross-border transfers are the biggest reasons.
Global Stablecoin Usage Statistics
- Average stablecoin balance: Globally 200 dollars, in high-income economies 1,000 dollars.
- Demand: 77% want stablecoin wallet from bank/fintech, 71% want linked debit card.
- Regional ownership: 60% in low/middle-income economies, 79% in Africa.
- Preference: Multiple dollar/euro-pegged stablecoins; exchanges lead with 46% in management.
Stablecoins provide protection against volatility with their fixed values and stand out in popular stablecoins like AB detailed analysis.
Stablecoin Salary Payments and Regulations
Stablecoins are integrating into salary systems. It gained momentum with the GENIUS Act in the US and MiCA regulations in Europe. Deel will offer stablecoin salary payments in the UK and EU with MoonPay. Paystand expanded B2B payments by acquiring Bitwage. Market value rose to 307.8 billion dollars according to DefiLlama.
Stablecoin market cap. Source: DefiLlama
Critical Role of AB in the Stablecoin Ecosystem
Assets like AB futures and ALT detailed analysis support stablecoin growth. Fast transfers are becoming more accessible with AB integration.
Frequently Asked Questions About Stablecoin Usage
Is it safe to receive income with stablecoin?
Yes, low risk with regulated pegs and exchanges; 79% ownership in Africa demonstrates this.
Can it be used for AB stablecoin payments?
Yes, ideal for low-fee transfers; survey data confirms integration demand.
Why is the stablecoin market value increasing?
Regulations like MiCA and GENIUS Act, along with integrations from companies like Deel, have reached 307.8 billion dollars.
Source: https://en.coinotag.com/bvnk-survey-stablecoin-usage-reaches-39
