Visa study offers clues on what’s holding back stablecoin payments

By Claire Celdran . Broadcast journalist specializing in blockchain, artificial intelligence, fintech, and digital transformation. TL:DR: A survey conducted by Visa involving 14,250 consumers in the Asia-Pacific region reveals that 46% expect to use stablecoins within five years. However, only 6% of respondents actually understand what stablecoins are. Scams and confusion are significant barriers to adoption, and consumers express a greater trust in governments and banks. For someone sending money to family overseas, the priorities are straightforward: what it costs, when it arrives, and whether it gets there safely.

Source: CoinGeek