A recent survey by EY-Parthenon reveals that stablecoins are moving from experimentation to implementation, with 18% of corporates using them in production, double the previous year. Additionally, 69% of financial institutions either offer or plan to launch stablecoin services within two years. Cross-border payments are the primary use case, with 50% to 53% of respondents exploring stablecoins for these transactions. The findings indicate a significant shift towards integrating blockchain payment capabilities into existing workflows.
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Stablecoins Gain Traction Among Corporates and Financial Institutions
This is the reported brief. The desk does not add a separate analysis that was not in the source check.
Original sourcecoindesk.comcoindesk.com
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