US Stablecoin Adoption Could Surge with Bank-Like Protections: Visa Survey
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BITRSSAmericans Would Use Stablecoins—If They Came With Bank Protections, Visa Study Finds
A Visa survey found U.S. willingness to use stablecoins for cross-border transfers rises from 36% to 56% when paired with hypothetical bank-level fraud protection and deposit insurance.
The adoption of stablecoins among U.S. consumers could increase significantly if these assets offered protections similar to those of traditional bank accounts. A new Visa study found that the intention to use stablecoins goes from 36% to 56% when a hypothetical scenario with fraud protection at the level is proposed [...] Entry The adoption of stablecoins could rise from 36% to 56% with bank protection was first published in Cryptoreport.
A Visa survey shows that the intention to use stablecoins among U.S. consumers would rise from 36% to 56% if these assets incorporated fraud protections and deposit insurance similar to banking. The study also reveals that trust depends more on the supplier than on technology, while the global supply of dollar-linked stablecoins exceeds $295 billion.
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Cryptocurrency News | Cryptocurrency Prices | Market CapStablecoin adoption intent surges when consumers get bank-level protections, research shows
Consumer research shows stablecoin adoption intent surges with bank-level protections as Visa reports $20B in annualized stablecoin settlement
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