Stablecoins Surge: 90% of Industry Players Now Actively Engaged
Fireblocks reports a significant uptick in stablecoin adoption, with 90% of industry participants actively utilizing these digital assets.

In a recent announcement, Fireblocks, a leading digital asset infrastructure provider, revealed that 90% of industry participants are now actively engaging with stablecoins. This marks a significant milestone in the integration of stablecoins into the broader financial ecosystem.
Stablecoins, digital assets pegged to traditional currencies like the US dollar, offer the benefits of cryptocurrency—such as fast and borderless transactions—while minimizing volatility. Their adoption has been particularly notable in cross-border payments and business-to-business transactions, areas where traditional banking systems often face delays and high fees.
Fireblocks has been at the forefront of this shift, processing over $3 trillion in digital asset transfers, with more than 50% attributed to stablecoins like USDT and USDC. The company’s network facilitates around 10% of global stablecoin transactions, underscoring its pivotal role in the digital payments landscape.
The growing reliance on stablecoins reflects a broader trend towards the tokenization of money, where digital representations of fiat currencies are used for efficient, transparent, and secure transactions. As regulatory frameworks evolve and technology matures, stablecoins are poised to become integral to both traditional finance and the burgeoning decentralized finance (DeFi) sector.