A new report from Fireblocks reveals a significant surge in stablecoin adoption among financial institutions. The survey of 295 executives found that 90% of organizations now use these digital currencies, driving modernization and a response to the evolving digital economy. According to Michael Shaulov, CEO and co-founder of Fireblocks, banks are increasingly embracing stablecoins as a path toward staying relevant in this rapidly changing landscape. This adoption is being driven by multiple factors, including streamlined cross-border payments (58% of banks utilize stablecoins for these transactions), improved liquidity, and enhanced efficiency within financial workflows. The report also highlights the involvement of major players such as BNY Mellon and Revolut, who have adopted stablecoins for their operations. This transition marks a significant shift from prior regional trials, signaling a potential for even greater expansion in future years as confidence grows and regulatory landscapes become clearer.