A new PYMNTS Intelligence and Paymentology report finds 71% of stablecoin holders would spend their coins through a linked debit card, highlighting strong interest in using digital assets for everyday purchases. Researchers say demand now exceeds actual use: 42% of stablecoin holders want to fund major purchases with digital assets, but only 28% do. Limited merchant acceptance, transaction costs and clunky user experiences restrict checkout adoption. The study suggests integrating stablecoins into existing banking apps, cards and networks could unlock growth. Crypto card spending already surged fifteenfold since 2023, though concerns over volatility, fraud and fees still temper broader consumer participation.
This update represents a notable development in the Board sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.