Stablecoin payments worldwide as perceived by central banks in 2022, by region

Use of stablecoins as a payments method outside the crypto ecosystem in advanced economies versus emerging economies, according to central banks worldwide in 2022

Download
Show detailed source information?
Register for free
Already a member?
Log in
Sources

Use Ask Statista Research Service

Release date

July 2023

Region

Worldwide

Survey time period

October 2022 to December 2022

Number of respondents

86 respondents

Special properties

Central banks; Answer who answered the question with “niche groups” (as none of the respondents replied with “Significant” or “Wider public”), see the “Details” tab for more information about the source's categorization; All figures concern retail payments, and exclude use in DeFi (Decentralized Finance)

Method of interview

Questionnaire

Supplementary notes

This question was phrased by the source as follows: “Currently, in your jurisdiction, apart from (potentially) being used in decentralized finance (DeFi) and crypto trading, how significant do you think the use of stablecoins and other cryptoassets is for the following purposes?”.

The source did not provide data for specific regions or countries in the world, even though it did ask central banks on crypto behavior within their jurisdictions. The source adds the data should be interpreted as perception “on a best-efforts basis”. However, “central banks’ perceptions did not vary significantly when jurisdictional studies on the use of stablecoins and crypto were available.”

No historical data is available, as this question was not asked before in previous surveys.

Respondents had to choose between the following five options:

  1. Significant use: used by different groups of consumers/businesses and for a significant share of their total payments made for this purpose;
  2. Wider public use: used by different groups of consumers/businesses but still for a small share of their total payments made for this purpose;
  3. Used by niche groups: mainly used by a particular group of consumers/businesses and for a small share of their total payments made for this purpose;
  4. Trivial/no use: hardly used by anyone, and those who do, only use it for a tiny fraction of their total payments made for this purpose; 
  5. Do not know.

The payments categories respondents could choose from – for both “stablecoins” and “other cryptoassets” included:

  • Domestic wholesale payments; 
  • Domestic payments for goods and services by consumers;
  • Domestic payments for goods and services by businesses;
  • Domestic payments for gifts and donations by consumers;
  • Domestic payments for gifts and donations by businesses;
  • Other domestic payments. Please explain: [Enter text here];
  • Cross-border wholesale payments;
  • Cross-border payments for goods and services by consumers;
  • Cross-border payments for goods and services by businesses;
  • Remittances;
  • Cross-border payments for gifts and donations by consumers (excl remittances);
  • Cross-border payments for gifts and donations by businesses;
  • Other cross-border payments. Please explain: [Enter text here].

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
  • Free Statistics
  • Premium Statistics
  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
  • Free Statistics
  • Premium Statistics
  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Learn more about how Statista can support your business.