Stablecoin Adoption Accelerates as Corporates Embrace GENIUS Act Clarity

Stablecoins are rapidly gaining traction in corporate finance, with a new EY-Parthenon survey highlighting how regulation and efficiency gains are driving adoption.

The study, conducted in June with 350 executives shortly after the U.S. Senate approved the GENIUS Act, revealed that 13% of firms already deploy stablecoins, largely for cross-border transactions. More strikingly, over half of non-users expect to integrate them within the next year.

Regulation turns momentum into adoption

Executives credited the GENIUS Act as a turning point for the industry. Signed into law in July, the legislation introduced clear requirements for issuers, including reserve backing and federal approval processes. Participants said these rules reduce long-standing uncertainties surrounding taxation, liquidity, and custodial arrangements, barriers that previously slowed stablecoin adoption among traditional businesses.

Cost savings strengthen the case

Beyond regulatory confidence, firms emphasized the tangible financial benefits of stablecoins. About 41% of current adopters reported achieving cost reductions of at least 10% on international transactions. By bypassing legacy payment rails, companies said they save both time and money, making stablecoins an increasingly attractive alternative to traditional banking systems.

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Looking toward 2030

Executives surveyed viewed stablecoins not as a passing trend but as a permanent fixture in global finance. They forecast that by the end of the decade, between 5% and 10% of all cross-border payments could be facilitated by stablecoins. That range equates to $2.1 trillion to $4.2 trillion in annual value, a sign of how deeply these digital assets may embed themselves in international commerce.