42% of Stablecoin Holders Want Crypto for Major Purchases

Cryptocurrency’s path into everyday commerce may look familiar via a card in a wallet, a purchase at the register and digital assets moving behind the scenes.

That is the central opportunity in “From Asset to Everyday Money: Making Digital Currencies Spendable,” the July edition of the Payments Innovation Tracker® Series from PYMNTS Intelligence and Paymentology. Consumers show growing interest in using cryptocurrencies and stablecoins for purchases, but acceptance, trust and uneven payment experiences still limit their choices.

The report pointed to a practical way forward. Linked cards, instant conversion and modern issuer-processing systems can connect digital assets to the payment tools consumers and merchants already use.

Familiar apps could provide the front door. According to the report, 77% of consumers said they would open a crypto or stablecoin wallet through an existing banking or FinTech app. That figure suggests banks and FinTechs don’t need to persuade customers to enter an unfamiliar financial world. They can add digital asset capabilities to relationships that already carry trust. For providers, the opportunity lies in making access feel like an extension of mobile banking rather than a separate crypto exercise.