A new survey by Changelly has shed light on significant changes in the way people use stablecoins. According to the report, which analyzed industry-wide trends and a survey of over 3,000 users, the perception of stablecoins is shifting from viewing them as a safe haven to using them for everyday spending.
The report highlights five key trends that are expected to shape the future of stablecoin adoption:
- Stablecoins are becoming essential for transactions, with 23.78% of completed transactions on Changelly's platform last year involving stablecoins.
- Swap participation involving stablecoins grew 33% year-over-year, indicating a shift from holding onto stablecoins to circulating through them.
- Everyday spending is where the breakthrough actually occurred, with 60.6% of surveyed users already spending via crypto cards and average transaction sizes around €40.
- The barrier to adoption is no longer technical, with 59% of current crypto card users reporting no technical issues and lack of understanding cited as the main reason for non-users.
Changelly will be hosting an open talk and podcast on May 15 to discuss the implications of these trends for businesses. The session, titled 'The Rise of Stablecoins: Infrastructure Every Business Must Build', will feature a conversation between John Adam Khandjian (CGO at Changelly) and Alex Emelian (CEO & Co-Founder of Stablerail).