Most financial institutions will launch stablecoins in the next 12 months: EY-Parthenon

Most financial institutions and businesses currently do not use stablecoins and plan to implement them within the next 6–12 months, according to a survey by EY-Parthenon published on September 15.

A survey of 350 senior managers showed that 54% of entities not yet using stablecoins plan to start implementing them before 2026, compared to the current actual usage rate of only 13% globally. The main motivation comes from reducing transaction costs and faster cross-border payments.

In the group using stablecoins, 41% reported saving more than 10% in costs compared to traditional methods, with 62% used for international supplier payments. The survey data also reflects the trend of prioritizing stablecoins that have gained a foothold: USDC accounts for 77%, followed by USDT at 59%, while EURC reaches a usage level of 45%.

Impact from the legal framework

The passage of the GENIUS Act on July 18 has significantly boosted organizational interest in the stablecoin sector. Previously, 73% believed that the lack of a clear legal framework was the biggest barrier. EY-Parthenon estimates that stablecoins could account for 5–10% of the total value of global payments by 2030, equivalent to 2.1 trillion – 4.2 trillion USD.

The survey also shows that businesses tend to rely on traditional financial systems: 63% want to cooperate with their current banks to deploy stablecoin. On the financial institution side, 53% choose a "hybrid" approach, combining internal solutions and provider partnerships.

The ability to integrate is considered a key condition: 56% of businesses want stablecoins to be connected directly through an API embedded in the treasury management platform, while 70% would be more willing if integrated into the ERP system.

Notably, 87% of businesses believe that stablecoins offer a competitive advantage, and 81% intend to conduct ROI analysis to quantify specific benefits. However, the survey also emphasizes that trust remains a significant challenge, as acceptance depends on the credibility of the major financial institutions backing these stablecoin projects.

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