Stablecoin adoption expected to grow significantly following Genius Act, projected to reach 4 trillion USD in cross-border transactions: EY survey

A recent survey reveals 13% of firms utilize stablecoins, mainly for international transactions, with 54% of non-users considering adoption within a year.

Notably, 41% of current users report at least a 10% cost reduction. Stablecoins could facilitate up to 10% of global cross-border payments, potentially reaching 4.2 trillion USD by 2030.