Business Survey Shows Continued Caution Toward Stablecoin Payment Applications
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AI-assisted source synthesis · not an independent investigation.
On October 15, 2026, Payments Dive cited a survey by the Federal Reserve Bank of Cleveland, stating that businesses in the Fourth Federal Reserve District remain cautious about stablecoins and that stablecoins are unlikely to become a disruptive force in U.S. payments in the short term. The survey received feedback from 148 respondents, of which only one business was already using stablecoins and another seven planned to use them in the future. The main reasons businesses do not adopt them include unfamiliarity with the relevant technology, existing payment options already meeting their needs, and a lack of demand from customers and suppliers. Some industry advisers believe cross-border payments may be the most promising application for stablecoins.
AI-written from reports · updated 4 days ago
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- Payments DiveCleveland Federal Reserve Bank survey: Businesses take a cautious approach to stablecoins
A survey by Cleveland Federal Reserve Bank of businesses in the Fourth Federal Reserve District shows that stablecoins are unlikely to become a disruptive force in U.S. payments in the short term. Of the 148 respondents, only 1 company currently uses stablecoins, while 7 plan to use them in the future; businesses are mainly held back by unfamiliarity with the technology, satisfaction with existing payment options, and insufficient demand from customers and suppliers. Cross-border payments are viewed by some industry advisers as the most promising use case for stablecoins.
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