{
  "id": 16062555,
  "title": "Crypto for Advisors: Stablecoins are ready for prime time",
  "url": "https://urgent.news/2026/10/22/crypto-for-advisors-stablecoins-are-ready-for-prime-time",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T14:58:31.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/coindesk-indices/2026/10/22/crypto-for-advisors-stablecoins-are-ready-for-prime-time"
  },
  "original_language": "en",
  "account": "CoinDesk's weekly newsletter, Crypto for Advisors, explores the growing role of cryptocurrency in financial advisory services. In this edition, Prashant Kher from EY-Parthenon discusses the recent findings of a survey on the adoption of stablecoins by corporations and financial institutions. The survey reveals a significant increase in the use of stablecoins, with 18% of corporations using them in production, up from 9% in the previous year's survey. Tokenized deposits follow closely behind, with 15% of corporations already adopting this technology. Financial institutions are also jumping on the bandwagon, with 69% offering or planning to offer stablecoin services within the next two years, compared to only 30% in 2025. A majority of respondents, 56%, cite slow processing and settlement times, foreign exchange costs, regulatory delays, and correspondent banking fees as the main challenges in cross-border payments. To address these issues, stablecoins and tokenized deposits are gaining traction as cross-border B2B payment solutions. Additionally, tokenized asset settlement is emerging as a valuable use case for blockchain payments, with 63% of financial institutions expressing interest in this application. Financial institutions recognize the potential of blockchain payments, with 76% considering integration with existing enterprise systems very important or critical. This integration provides a strategic advantage, as 63% of corporations would likely adopt blockchain payments if offered by their existing bank or payments provider.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}