Visa has published the results of a survey of 2,192 users in the US: with fraud protection and deposit insurance at the level of banks, the "intention to use" stablecoins for cross-border transfers could rise from 36% to 56%.

Trust in Provider Outweighs Technology

According to the survey, 64% of respondents associate trust in a payment method primarily with the provider, not the technology itself. Willingness to use stablecoins increases from 36% to 45% if the product is offered by established financial providers. The research was conducted by Morning Consult between February and March.

GENIUS Act: Rules Expected by January 2027

The survey was published as the market prepares for the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, set to take effect in January 2027. The law is awaiting finalized rules from key US financial agencies. However, starting in January, American stablecoins will still not have FDIC deposit insurance or explicit fraud protection; instead, guidelines for countering illicit activity are provided.

EU Proposes Replacing Deposit Thresholds with Liquidity Thresholds

The European System of Central Banks has called for changes to current requirements that obligate issuers to hold at least 30% of reserves as bank deposits (or 60% for "significant" tokens), suggesting a shift to liquidity thresholds due to the risk of rapid user withdrawals. The changes are under discussion as part of MiCA, whose rules for stablecoins began to apply in June 2024.

Euro Stablecoins Grow, USDT and USDC Lead

According to payment infrastructure company Decta, the capitalization of euro stablecoins meeting requirements more than doubled from 2025 to 2026 by the end of the MiCA transition period. Dollar-based USDC and USDT remain the largest stablecoins, with a combined capitalization of about $260 billion.