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90% of Institutions Now Using or Exploring Stablecoins, Fireblocks Finds
90% of Institutions Now Using or Exploring Stablecoins, Fireblocks Finds
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Financial institutions are rapidly embracing stablecoins, with 90% either deploying them or preparing for integration, according to a Fireblocks survey of 295 executives. Nearly half of respondents already use dollar-pegged tokens for payments, while 23% test pilots and 18% plan implementations. Only 10% remain uncommitted.
The adoption surge reflects a scramble for relevance in digital finance. "The stablecoin race has become a matter of avoiding obsolescence," Fireblocks noted, highlighting institutional fears of falling behind in the asset tokenization wave.
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