Bank-Level Protections Could Push Stablecoin Adoption To 56 Percent, Visa Study Finds

American consumer willingness to use stablecoins nearly doubles when hypothetical bank level fraud protection and deposit insurance enter the picture, rising from 36 percent to 56 percent according to a new survey released by payments company Visa.

Survey Details And Methodology

The report, titled Money Travels 2026, drew on responses from 2,192 US adults surveyed by Morning Consult between late February and early March. Participants received clear definitions of terms including stablecoins before answering questions, ensuring baseline understanding across respondents.

Trust Tied More To Provider Than Technology

For 64%of those surveyed, trust in digital currency depends more heavily on which company offers the service than on the underlying technology itself. Willingness to use stablecoins climbs from 36% to 45% specifically when the product comes through an established financial institution respondents already use. Traditional commercial banks and major global payment networks emerged as the most trusted providers of digital currency services, earning trust from 61 percent and 60 percent of respondents respectively.

Market Continues Expanding Regardless

Stablecoins now represent a substantial and growing share of global digital-dollar liquidity. Current data shows total supply of dollar pegged stablecoins exceeding $295 billion, with Tether’s USDT accounting for roughly $183.4 billion and Circle’s USDC contributing close to $76 billion.

Visa separately reported earlier this month that stablecoin settlement volume through its network surpassed a $20 billion annualized run rate, representing more than fifteenfold growth compared to the previous year, with over 160 stablecoin linked card programs now operating worldwide.