Stablecoins are evolving from experimental assets into essential financial tools, according to Chris Harmse, co-founder of fintech platform BVNK. Speaking with Investing.com, Harmse emphasized that data shows stablecoins are now used for practical purposes rather than speculation, with utility compounding as users discover benefits like lower fees, faster settlement, and global access.

Around 28% of stablecoin holders convert or spend their digital tokens within days, while roughly two-thirds do so within months, Harmse noted. The $300 billion stablecoin market has grown 500% over five years, with half of holders increasing their holdings in the past year. Circle Internet's USDC exemplifies this trend, with circulation reaching $75.3 billion in 2025, up 72% from 2024.

While adoption surges in lower- and middle-income economies seeking to avoid local currency volatility and high remittance costs, higher-income markets show more hesitation. Harmse attributes this to functional existing payment systems in developed markets, where cards and bank transfers work reliably. However, he predicts stablecoins will gain traction as they integrate into familiar payment experiences like cards and mobile wallets, becoming everyday money rather than just digital assets.