Stablecoins Poised to Revolutionize Cross-Border Payments, Says EY-Parthenon Report
According to a recent survey conducted by EY-Parthenon, the adoption of stablecoins is gaining traction among corporations and financial institutions, particularly in the realm of cross-border transactions. Currently, approximately 13% of global financial entities and businesses utilize stablecoins, with over 50% of non-adopters planning to integrate them within the next 6 to 12 months. The report projects a significant shift in the landscape of international payments, estimating that by 2030, stablecoins could account for 5% to 10% of all cross-border transactions, translating to a staggering $2.1 trillion to $4.2 trillion. Stablecoins are increasingly recognized as a solution to enhance global












