Stablecoins are increasingly used for everyday financial transactions
Stablecoins, originally used mainly for crypto trading, are becoming more popular for everyday payments, payroll, and savings. According to a study by BVNK, Coinbase, and Artemis involving 4,658 respondents from 15 countries, over half (56%) of those surveyed owned stablecoins within the past 12 months and plan to increase their holdings this year.
About 27% of respondents use stablecoins to buy goods and services, while 45% prefer to exchange them for local currency. More than half (52%) made purchases specifically because vendors accepted stablecoins. For freelancers, gig economy workers, and marketplace sellers, stablecoins account for 35% of their annual income. Nearly three-quarters reported that using stablecoins improves interactions with international clients and helps focus on sales growth and expanding their customer base.
Stablecoins are expected to continue strengthening their role in the global financial system, broadening their usage beyond the traditional cryptocurrency sector.
