US Stablecoin Adoption Hinges on Bank-Like Protections

A recent survey conducted by Visa suggests that US stablecoin adoption could surge if they receive bank-like protections, according to a report.

The study found that over 70% of respondents believed that receiving such protections would lead to increased use and trust in stablecoins. This includes features like insurance and regulatory oversight, which are typically associated with traditional banking systems.

Visa's survey also revealed that nearly half of the participants were already aware of stablecoins, highlighting a growing interest in this area of cryptocurrency.