Businesses to Boost Stablecoin Use, Cybrid Survey Finds

Cybrid surveyed 468 executives and business leaders between April 28 and May 4. Respondents came from companies in the United States, Canada and the United Kingdom across technology, financial services and ecommerce. The survey found 42% of businesses already use stablecoins for cross-border payments and 88% said they are likely or very likely to use stablecoins within the next 12 months. Two percent identified as committed users of traditional payment rails.

Payroll and contractor payments were the most common stablecoin use case reported, followed by supplier and customer payments, investment and yield generation, vendor payments, and treasury and liquidity management.

Businesses using stablecoins reported average cross-border payment cost savings of 35%. Companies processing more than $100 million in monthly payment volume reported average savings of up to 47%, according to the survey.

Respondents identified regulatory clarity as the top factor that would increase their confidence in expanding stablecoin use, with 71% rating it more important than trusted infrastructure providers or integration with existing systems.

Market data show the global stablecoin market capitalization at about $307.64 billion, with Tether’s USDT at roughly $184.7 billion and Circle’s USDC at about $73.51 billion. Stablecoins that meet the GENIUS Act federal framework have reached a combined market cap of more than $76 billion.

Other industry indicators point to rising business activity in stablecoins. Payments infrastructure provider Paybis reported business customers accounted for nearly 98% of stablecoin payout volume on its platform during the first four months of 2026, up from 36% in 2023. McKinsey research estimated business-to-business transactions represented roughly 60% of the $390 billion in global stablecoin payment volume recorded in 2025.

Financial institutions and fintech firms are expanding infrastructure to support corporate demand. In May, Falcon Finance launched the dollar-backed stablecoin fUSD using Anchorage Digital Bank’s federally regulated issuance platform, targeting institutional trading, collateral and treasury workflows. Bank of New York expanded its digital asset custody platform to support Circle’s USDC, allowing institutional clients to store, transfer, mint and redeem the stablecoin through the bank.

Stablecoins are digital tokens pegged to fiat currencies or other assets and are used to move value, settle payments and manage liquidity without some of the processing delays associated with traditional banking rails.