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Nearly four out of ten cryptocurrency users (39%) receive income in stablecoins, while 27% utilize them for everyday transactions, according to a survey conducted by YouGov across 15 countries worldwide.
On average, users hold approximately $200 in stablecoins, with this figure reaching $1000 in high-income nations. 77% of respondents expressed willingness to open a stablecoin wallet with their primary bank or fintech company if such an option became available, and 71% showed interest in using debit cards for payments with stable cryptocurrencies.
For individuals earning income in stablecoins, these assets account for an average of 35% of their annual earnings. Users making cross-border transfers reported savings of about 40% on fees compared to traditional methods.
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In developing countries, 60% of respondents have already made purchases using stablecoins. 42% would like to use them for significant acquisitions, while only 28% have previously utilized stablecoins for expensive purchases.
In nations with medium and low-income levels, 60% of respondents own stablecoins. In high-income countries, this figure stands at 45%. The highest ownership rate is recorded in Africa at 79%.
Users tend to hold multiple stablecoins pegged to the dollar and euro rather than relying on a single issuer. Exchange platforms remain the primary tool for asset management (46%), followed by payment applications with crypto features (40%) and mobile wallets (39%). Hardware wallets are used by 13% of respondents.
The supply volume of stablecoins reached nearly $300 billion at the beginning of the year, although growth has nearly stalled due to the ongoing effects of the October cryptocurrency market crash, as reported by analysts at ARK Invest.
