Nearly half of APAC consumers plan to adopt stablecoins by 2031

A recent Visa survey reveals that nearly half of Asia-Pacific (APAC) consumers anticipate using stablecoins within the next five years. The study, part of Visa’s Consumer 360 initiative, found that 46% of respondents across 14 APAC markets expressed intent to use stablecoins by 2031, while only 16% reported using them in the past 12 months. Conducted between June and July 2026, the survey included 14,250 consumers aged 18 to 65.

Interest in stablecoins extends beyond cryptocurrency trading, with 49% of respondents believing they could become a common method for cross-border money transfers, remittances, travel spending, and online purchases. Awareness of stablecoins is relatively high, with 66% of consumers claiming knowledge of them. However, only 6% demonstrated an accurate understanding of how they function.

Misconceptions about stablecoins persist, with 41% of respondents believing they always increase in value and 49% thinking they can only be used to buy and sell other cryptocurrencies. Awareness was highest in Hong Kong (84%), India (80%), and Thailand (77%). Vietnam and India showed the strongest intent to use stablecoins within five years, both at 67%.

Trust remains a significant barrier to adoption. Among consumers aware of stablecoins but who have never used them, 38% cited concerns about fraud or scams, and 36% pointed to a lack of understanding. Government or central bank-linked entities were identified as the most trusted potential providers (27%), followed by banks or regulated financial institutions (26%). Visa noted that wider adoption will depend on offering stablecoins through familiar and regulated payment channels.