News · Yahoo Finance

A New Visa Survey Says 56% of Americans Are Open to the Idea of Using Stablecoins. Here's What Crypto Investors Need to Know.

A Visa survey found 36% of U.S. respondents would use stablecoins in the baseline scenario, rising to 56% only when told about bank-level fraud protection and deposit insurance, which do not yet exist. The survey also found that 56% of respondents had never heard of stablecoins. Visa already settles some card payments in stablecoins, with settlement reaching a $20 billion annualized run rate in September, up more than 15-fold in a year. It supports more than 160 stablecoin-linked card programs, whose payment volume nearly tripled over the past year. The article suggests the infrastructure providers, such as Visa, Mastercard, American Express and Circle, may benefit more than the stablecoins themselves.

Summary written by Upside AI from the original article. Read the source for full details.

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MarketCrypto
ExchangeBinance
SectorLayer 1
Market cap$1.6T
Close on 10/13/202683,169.00
Change that session+1.61%
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Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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