Stablecoins rise in payroll and spending

A survey commissioned by BVNK and conducted by YouGov found that 39% of crypto users across 15 countries receive income in stablecoins, while 27% use them for everyday payments.

The study of 4,658 respondents reported that stablecoin users hold an average of about $200 globally, rising to around $1,000 in high-income economies, with recipients saying stablecoins account for roughly 35% of their annual earnings.

Respondents cited faster cross-border transfers and fee savings of about 40% compared with traditional remittance methods as key reasons for adoption.

Ownership rates were higher in middle- and lower-income economies at 60%, compared with 45% in high-income regions, with Africa recording the highest rate at 79%.

The survey also found that 77% would open a stablecoin wallet with their primary bank or fintech provider, while 71% expressed interest in using a linked debit card for spending.

Regulatory developments including the US GENIUS Act and Europe’s Markets in Crypto-Assets Regulation are accelerating integration into payroll systems, with platforms such as Deel partnering with MoonPay to enable stablecoin salary payouts.

According to DefiLlama, the stablecoin market has grown to $307.8 billion from $260.4 billion in July, underscoring rising demand for fiat-pegged digital assets suited to payments and wage settlement.