Visa survey shows nearly half of APAC consumers expect to use stablecoins by 2031.
A recent survey by payment giant Visa shows that nearly half (46%) of consumers in the Asia-Pacific region are likely to start using stablecoins for daily spending, travel, and cross-border transfers within the next five years. Although only 6% of respondents currently accurately understand how stablecoins work, consumer interest in stablecoins is growing significantly. Nischint Sanghavi, Visa's Head of Digital Currency for Asia Pacific, noted that the market opportunity lies in converting this interest into a trusted and familiar payment experience.
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