Key Takeaways:
Binance Research said stablecoins processed $33T, exceeding Visa in raw transfer volume. Fireblocks data shows banks accelerating stablecoin use across FX, custody, and payments. Richard Teng said stablecoins cut costs and delays in cross-border payments. Binance Research Shows Stablecoins Surpass Visa in Raw Volume *]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-(--header-height)" dir="auto" data-turn-id="8abe49b7-3e0c-47ba-88e4-7e2e3e0de3ae" data-testid="conversation-turn-11" data-scroll-anchor="false" data-turn="user">Fireblocks data showed rising institutional focus. About 60% of banks target cross-border payments and FX. Another 52% prioritize real-time settlement. Around 37% focus on treasury optimization. Custody and collateral use cases each sit near 30%. This reflects broader integration beyond simple transfers. Binance Research stated:
“Banks aren’t exploring. They’re deploying.”
He opined:
