Stablecoin Interest Soars to 56% with Hypothetical Bank-Level Protections
A recent Visa survey of 2,192 U.S. adults found that interest in using stablecoins jumps from 36% to 56% when paired with hypothetical bank-level fraud protection and deposit insurance.
The 'bank-level' protections in the survey are explicitly hypothetical and do not currently exist on any stablecoin product. The questions describe conditions attached to a scenario, not protections currently available on any stablecoin product.
The survey also found that when asked which providers they would trust with digital currency services, 61% of respondents named traditional commercial banks, and 60% named global payment networks.
A significant number of respondents said they had never heard of stablecoins, with some incorrectly assuming they fluctuate like Bitcoin.