Fireblocks: Institutional trust in stablecoins has reached a new high, with 86% of institutions having stablecoin integration capabilities

According to Cryptoslate, Fireblocks reports that institutional adoption of stablecoins is at an all-time high. The report states that 86% of surveyed institutions say they have partnerships and systems in place to support stablecoin integration. 49% of institutions are currently actively using stablecoin payments, 23% are piloting, and 18% are preparing for implementation.
Barriers to adoption are significantly reduced compared to 2023: compliance concerns are down from 74% to 18%, and regulatory uncertainty is down from 85% to 25%. Cross-border transactions are the primary demand, with 58% of traditional banks citing cross-border transfers as the primary use case for stablecoins.