APAC consumers show appetite for stablecoin

Stablecoins are moving from niche crypto assets to legitimate payment methods, and your customers are starting to notice. New research from Visa shows that nearly half of consumers in the APAC region plan to use stablecoins within the next five years. While this study focuses on Asia, the trend points toward a global shift in how shoppers want to settle transactions. For retailers, this means the 'checkout' of the near future might not just involve credit cards or BNPL, but digital assets pegged to the dollar. Why does this matter for your financing strategy? Stablecoins offer the potential for near-instant settlement and lower transaction fees compared to traditional rails. As consumers become more comfortable with digital wallets, they will expect the same flexibility they get from Buy Now, Pay Later (BNPL) services to apply to their crypto holdings. The technology is maturing to the point where stablecoins act less like a volatile investment and more like a digital version of cash. If you are currently evaluating your long-term payment stack, you should keep an eye on how these assets integrate with existing Point-of-Sale (POS) systems. The goal is to reduce friction at checkout, and stablecoins represent a new way to capture customers who are moving away from traditional banking institutions.

Source: Finextra — Lending

← Return to the library· Submit a correction