This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Stablecoin use falls to less than 2 percent of US households, study finds

By Neil Roland ( October 6, 2025, 22:04 GMT | Insight) -- Use of stablecoins and other cryptocurrencies for payments declined by about a third from 2022 to 2024, encompassing less than 2 percent of US households in 2024, a US Federal Reserve Bank of Kansas City study found. Crypto users were disproportionately unbanked, with the only bit of growth coming from households with poor or very poor credit scores, the study last month by Fumiko Hayashi and Aditi Routh found.  Karen Petrou, a regulatory analyst for Wall Street, Washington and international authorities, said “These jarring facts bring the trillions-of-trillions of dollars stablecoin dreamers back to earth with a hard thump.”Use of stablecoins and other cryptocurrencies for payments declined by about a third from 2022 to 2024, encompassing less than 2 percent of US households in the more recent year, a US Federal Reserve Bank of Kansas City study found....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login