A new report by Visa suggests that more than half of Americans would adopt stablecoins if they included bank-level fraud protection and deposit insurance, highlighting growing consumer demand for secure digital payment options.
Visa’s “Money Travels 2026” study, based on a Morning Consult survey, found that 56% of Americans would use stablecoins under such conditions, compared to 36% without safeguards. The report also noted 74% of Latin Americans would use stablecoins if similar protections were in place, though no stablecoin currently offers deposit insurance.
The findings underscore a critical gap between consumer expectations and existing stablecoin features. While 64% of Americans prioritise the provider over technology for trust, only 45% would use stablecoins if offered by existing financial institutions, suggesting a need for broader adoption of safeguards.
Visa’s Global Head of Visa Direct, Vira Platonova, emphasised the importance of trust in the industry’s future, stating: “The future of the industry will be won by the providers that work hardest to earn that trust.”
The study also revealed that 56% of respondents had never heard of stablecoins, with 25% of global senders, 33% of Americans, and 40% of Indians reporting encounters with fraud. Meanwhile, $312 billion in dollar stablecoins are in circulation, led by Tether’s USDT ($184 billion) and Circle’s USDC ($76 billion).
Visa has expanded its stablecoin infrastructure, adding PayPal USD (PYUSD) and Global Dollar (USDG) to its settlement stablecoins in August. However, the report notes that current stablecoins lack the deposit insurance and fraud protection that could drive wider adoption.
Written by Jessica Primrose
Stablecoins Desk
