Already in 2025, more than 25% of our customer invoices at Fireblocks settle in stablecoins. To me, that’s a clear sign they’re becoming a mutually-convenient way to transact for both senders and receivers, particularly across borders. For CFOs, especially those with international operations or customers, it is time to start understanding what stablecoins can do for your business and your clients.
I don’t see stablecoins as replacing the systems we already rely on. I see them as an addition to our toolkit, one that is already proving its value by helping us move funds faster, close reconciliation cycles more quickly, and gain greater visibility into capital flows. They are a win-win: we can bill non-U.S. clients in USD without opening local bank accounts, managing FX exposure, or hedging, while our customers get a payment method they increasingly prefer.
A Win-Win for CFOs and Customers with Stablecoins
When we receive cross-border stablecoin payments from customers in markets where we previously relied on correspondent banks and wires, we see an immediate benefit: settlement happens in minutes, not days. There are no bank cut-off times or local holidays we need to keep track of, and no weekends to work around.
Our accounting team values transparency as much as the speed. For example, if our sender is also on the Fireblocks Network, we know exactly who sent the funds, which invoice it’s for, and when it landed. That’s not something we automatically get with wires.
Our customers are paying in stablecoins because they get benefits, too. They avoid correspondent bank fees, gain predictability in value, and, in some markets, use stablecoins to protect balance sheets from local currency volatility and inflation.
Why I’m Comfortable With This Shift
I’ve been a CFO across industries, from investment and commercial banking to telecom, healthcare technology, and global payments. In every role, the fundamentals were the same: protect the company, manage risk, and keep capital moving efficiently.
That’s why I’m comfortable with the role stablecoins are starting to play in treasury. They can remove bottlenecks and unlock new flexibility, whether in cross-border payments, supplier settlements, or moving liquidity across entities. Capital in motion is capital at work, and stablecoins let us move funds between entities, geographies, and business units on demand, reducing capital lockup.
Adoption is happening because the operational benefits are real, not because of market hype. We’ve all experienced the frustration of funds “in transit” but untraceable. That uncertainty hampers forecasting, delays execution, and ties up working capital. Stablecoins change that. The capital is either there or it’s not. And if it is, it’s available immediately.
Why Adoption Will Accelerate
From my perspective, this shift is being driven more by operational necessity than by regulation. The tools and infrastructure are already here, and the use cases are proven. Regulatory clarity in the U.S., especially with the passage of the GENIUS Act, will shift our conversations with banks. For many, the lack of clear rules has been a barrier to working with stablecoins. Now, that’s starting to change.
In fact, our 2025 State of Stablecoins report shows that even before GENIUS passed, nearly half of surveyed institutions were already using stablecoins, and another 41% were piloting or planning. That includes many banks. Institutions that have historically been cautious are now preparing for a future where supporting stablecoin flows will be standard.
So as banks start allowing their corporate clients to use digital assets like stablecoins, it’s a signal for CFOs to start engaging with your banking partners now. Ask about timelines. Understand how they’re approaching policy. Build expertise early and get compliance, tax, legal, and treasury working from the same playbook. That alignment is a real first-mover advantage.
From Optional to Operational: Stablecoins as a Strategic Tool for Today’s CFO
At Fireblocks, stablecoins work for us and our customers, and they’ve become part of how we operate.
Stablecoins are not a strategy in themselves. They’re tools for modern treasury teams, enabling faster execution, greater control, reduced risk, and often lower costs. For us at Fireblocks, they’ve been a win-win, supporting how we operate and how our customers want to do business. They’re already reshaping how capital moves. For CFOs, the opportunity is to put them to work in ways that deliver a lasting strategic advantage for your business.
Stablecoins in Treasury Management: CFO and Finance Team FAQs
Thinking about integrating stablecoins into your corporate treasury strategy? Stablecoins are rapidly becoming a trusted tool for global finance teams, offering faster cross-border payments, improved liquidity management, and protection against currency volatility. If you’re new to the concept or want a deeper understanding of the fundamentals, our Stablecoins 101 guide is a great place to start.
Below are answers to the most common questions CFOs, treasurers, and finance leaders ask when evaluating stablecoins for operational use.
FAQs
Are stablecoins only relevant for crypto-native companies?
No. While early adoption came from crypto firms, stablecoins are now used by Fortune 500 companies, global retailers, telecom providers, and technology firms to speed up payments, reduce cross-border costs, and improve liquidity management. Over 2,400 organizations, including Worldpay, BNY Mellon, Galaxy, and Revolut, trust Fireblocks, where we move $80B+ in stablecoins each month including from 300+ payments companies and financial institutions.How do stablecoins differ from traditional cross-border payments?
Stablecoins settle in minutes, 24/7, without relying on multiple correspondent banks. This reduces settlement delays, eliminates unpredictable fees, and provides end-to-end transaction visibility, unlike SWIFT or ACH transfers that can take days to complete.Can stablecoins help mitigate foreign exchange (FX) risk?
Yes. When pegged to a stable fiat currency like the U.S. dollar, stablecoins can shield businesses from local currency volatility in high-inflation or restricted markets. This can improve predictability in financial planning and reduce the need for hedging.How do stablecoins impact liquidity management?
Stablecoins enable 24/7 capital movement between entities, geographies, and business units, reducing capital lock-up and improving cash flow forecasting. Unlike traditional banking rails with cut-off times and settlement delays, stablecoins make funds available in minutes, giving treasury teams more flexibility and control.Do I need to hold stablecoins on my balance sheet to use them?
Not necessarily. Many corporates start by enabling stablecoin settlement through a regulated custodian or payment partner. This allows them to benefit from faster payments and lower costs without holding digital assets directly. The key is to partner with a trusted infrastructure provider like Fireblocks, which can securely connect you to the right ecosystem partners, ensure regulatory compliance, and integrate with your existing treasury systems.What’s the best way for a CFO to get started with stablecoins?
Most CFOs begin by enabling stablecoin settlement for a select use case such as supplier payments or cross-border receivables through a trusted infrastructure provider. This allows teams to gain operational experience, align compliance and audit processes, and measure benefits before scaling to broader treasury functions. We call this the Crypto Posture Framework, and it’s a journey as companies build confidence and experience as they bring stablecoin and digital assets in-house as a core business function.What’s the regulatory status of stablecoins for corporate use?
Regulation is advancing quickly. In the U.S., the GENIUS Act provides clearer rules for compliant use. In the EU, MiCA has established licensing requirements for issuers and custodians. These developments are encouraging banks, payment providers, and corporates to prepare for mainstream adoption.How do stablecoins affect accounting and audit workflows?
Under current GAAP and IFRS guidance, stablecoins are not classified as cash, although accounting treatment is evolving. This means they require thoughtful reporting and coordination with audit teams. However, this classification does not prevent operational use for payments, settlements, or treasury management.What are the security considerations with stablecoins?
Stablecoin transactions are irreversible once sent: there are no chargebacks or clawbacks. Treasury teams need rigorous safeguards for wallet management, transaction approvals, and identity verification. Best practice is to use infrastructure with built-in governance controls, multi-layer authentication, and real-time monitoring to prevent unauthorized transfers. Fireblocks provides enterprise-grade security designed specifically for these needs, ensuring digital asset workflows are protected end-to-end.
