Rapyd VP of Transformation William Nejo tells viewers that stablecoins are moving from crypto experiment to standard payment infrastructure, and that regulation is the next thing to fix
Watch the full interview in Spanish above.
Are stablecoins ready for mainstream business use? According to Rapyd’s research, yes. Our State of Stablecoins report found that 64% of businesses either use stablecoins today or plan to within the next three years. Rapyd’s VP of Transformation William Nejo took that finding to Caracol’s audience in Colombia, where companies are moving toward stablecoins while regulatory uncertainty stays the biggest barrier.
Stablecoins are already moving serious volume
William opens with a point that’s easy to miss: this isn’t a niche product. Stablecoins moved $27 trillion last year. That’s a volume he compares with the largest card networks in the world.
His plain-language definition helps if you’re new to the topic. A stablecoin is a digital currency that lives on a blockchain and is pegged one to one to a reserve asset. The US dollar is the most common, but it can be any currency. The result is money that moves globally in seconds, any day of the week.
Our research backs this up. 34% of the businesses we surveyed already use stablecoins, and 76% believe they’re already mainstream or will be within five years.
Regulation is the barrier, not trust
Colombia’s rules on stablecoins and crypto assets are still taking shape, and William addresses that head on. Our data shows the same pattern globally: 64% of businesses name regulatory uncertainty as their top concern. Only 25% worry about price stability. That tells you the hesitation is about compliance and integration, not about the asset itself. In fact, more than 84% of respondents rate their trust in stablecoins at three out of five or higher.
William points to the US as proof of what clear rules can do. The GENIUS Act created a legal framework that requires every stablecoin dollar to have one-to-one backing in cash. It also requires audited issuers and gives holders a right to redeem. His message to central banks and regulators across Latin America is direct: move fast and build the same clarity.
If you’re in Colombia, we’ve covered the local picture in more detail in our post on stablecoin adoption in Colombia as a treasury tool, not a crypto bet.
What businesses use stablecoins for
Ask a business how it uses stablecoins and you won’t hear the word trading much. Our report shows the top uses are making payments (63%), receiving payments (61%) and cross-border settlement (55%). William gives three examples from the interview:
- Freelancers: A developer in Colombia working for a global client can be paid in minutes on a Sunday, then spend that money at the supermarket with a card backed by stablecoins.
- Gig economy companies: Adding stablecoins at checkout opens your business to customers and workers outside your home market.
- Shipping and iGaming: Rapyd works with a maritime crewing company that pays seafarers who can’t rely on a local bank branch, and with gaming operators that pay out winnings around the clock in 190+ countries.
One more detail that doesn’t come up in the video but matters to finance teams: stablecoin payments are largely irreversible, which virtually removes chargeback risk.
Get the numbers behind the interview
Every statistic in the interview comes from The State of Stablecoins report, a global survey of businesses across ecommerce, iGaming, financial services, digital goods and crypto, spanning APAC, the Americas and EMEA. It combines survey data with insight from Rapyd’s own payments experts.
Inside you’ll find:
- Adoption rates by company size, from small businesses to enterprises with 500+ employees
- The top benefits businesses report, led by faster payments and settlement (72%) and easier cross-border transactions (62%)
- The barriers holding businesses back and how to work through them
Download the State of Stablecoins report
Where Rapyd fits
Regulation and integration are the two hurdles William names, and they’re the two we take on. Rapyd manages the compliance, rails and settlement so you can accept, send and settle in stablecoins from one provider, with the option to settle in fiat, stablecoin or both. Our stablecoin infrastructure runs 24/7/365 and reaches 190+ countries.
Ready to see what that looks like for your business? Explore Rapyd’s stablecoin payment solutions or talk to our team.
Frequently asked questions
What is a stablecoin?
A stablecoin is a digital currency that runs on a blockchain and is pegged one to one to a reserve asset, most often the US dollar. It lets you send and receive money globally in seconds, at any time of day.
How many businesses use stablecoins?
Rapyd’s State of Stablecoins report found that 34% of businesses already use stablecoins, and 64% use them today or plan to within three years.
Why are businesses hesitant to adopt stablecoins?
Regulatory uncertainty is the top concern, cited by 64% of respondents. Concern about price stability (25%) and fear of losing value (23%) rank well behind it.
What do businesses use stablecoins for?
Mostly payments, not trading. The report shows businesses use them to make payments (63%), receive payments (61%) and settle cross-border transactions (55%).
Are stablecoins regulated?
It depends on the country. The US passed the GENIUS Act, which requires one-to-one cash backing, audited issuers and redemption rights for holders. Many markets in Latin America, including Colombia, are still developing their frameworks.
Where can I download the State of Stablecoins report?
You can download it free at rapyd.net/resources/reports/the-state-of-stablecoins.