Survey reveals strong institutional adoption of stablecoins – Fireblocks

Stablecoins have moved beyond being tools for speculation. The “State of Stablecoins 2025” report by Fireblocks indicates that a vast majority—90%—of financial firms surveyed integrate stablecoins into their systems.

The report sources its data from financial institutions around the world that use Fireblocks’ network—currently handling 15% of global stablecoin traffic, or more than 35 million transactions every month.

In the year 2024, stablecoins accounted for close to half of the platform’s overall transaction flow, the report states.

Speed, not savings, emerges as the dominant advantage of stablecoins, selected by 48% of respondents, while fewer—30%—choose lower transaction costs.

The report also notes that participants value stablecoins for driving revenue growth, boosting liquidity, and fitting seamlessly into traditional financial setups.

Stablecoins have progressed beyond their original appeal of reducing costs and now play an essential role in strategic growth, according to Ran Goldi, senior VP at Fireblocks.

“Our research shows that 90% of firms are moving forward with stablecoin implementations because they see it as a key lever for growth,” Goldi said.

According to the executive, expanding reach, addressing client expectations, and discovering new revenue paths drive stablecoin adoption.

“Stablecoins have become an enabler of business innovation, not just an efficiency play,” he added.

The report reveals that financial firms no longer view regulatory clarity and compliance as major concerns.

Less than 20% of firms currently perceive regulation as a barrier, compared to 80% who did so in 2023.

The introduction of frameworks such as MiCA, combined with advancements in regtech and chain analytics, has transformed compliance from a liability into an opportunity for growth.

Institutions increasingly cite regulations and industry standards as key motivators behind their adoption decisions—with nine out of ten now identifying these factors—showing how the policy landscape has matured over the past two years.

Regional dynamics significantly impact how financial institutions adopt stablecoins, and Latin America stands out with 71% of its financial institutions using them for cross-border payments.

In Asia, firms focus on market expansion, while in North America, they increasingly view regulation as a green light.

Europe adopts stablecoins at a slower yet deliberate pace, guided by MiCA regulations and emphasizing safety.

Although Europe follows a deliberate strategy, the region maintains a strong sense of urgency.

As digital payments transform, the region’s dedication to strong infrastructure and risk mitigation may become a standout competitive factor.

Firms that implement stablecoins with enterprise-grade solutions focused on speed, compliance, and scalability will succeed, according to the report.