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Market · Sun 11 Oct · 1 min read

1.2 billion APAC stablecoin adopters by 2031: real or marketing?

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What happened

Visa's survey of 14,250 APAC consumers projecting nearly half open to stablecoin use by 2031 is a directional market signal worth noting, but the detail that only 6% currently understand how stablecoins work is the operative number for operators planning near-term payment strategy. Demand intent without product literacy does not translate to transaction volume: it translates to onboarding friction and customer support load.…

Sources: CoinDesk

  1. Non-USD stablecoins target 24/7 cross-border settlement gapReap, backed by Payward and partnered with Visa, developing non-USD stablecoins across multiple currencies including Hong Kong dollar and Korean won is a direct response to the gap that conventional FX settlement hours create for cross-border transactions in Asia. For Philippine operators managing player funding or treasury flows across APAC time zones, 24/7 on-chain settlement in local-currency stablecoins removes a friction point that has kept crypto payment rails less useful than they appear on paper.…Product · Hong Kong
  2. APAC Wants Stablecoins. Does It Know What They Are?46% of consumers in 14 APAC markets say they are likely to use stablecoins within five years. Only 6% show an accurate understanding of how they work.Crypto
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