Cryptocurrency in Corporate Finance: The Strategic Role of Stablecoins Versus Fiat and the Future of Global Treasury

This IDC Perspective explores the strategic role of stablecoins in corporate finance, highlighting their advantages over fiat currencies in treasury operations, foreign exchange, and cross-border transactions. While stablecoins offer speed, transparency, and programmability, they are not a wholesale replacement for fiat due to regulatory and operational constraints. Companies are adopting hybrid strategies, leveraging stablecoins for specific use cases while maintaining fiat for core needs. The future of corporate finance may involve integrating stablecoins and Central Bank Digital Currencies to enhance efficiency and resilience."Stablecoins are reshaping corporate finance, offering speed and transparency without as much volatility. CFOs should explore their strategic role in global treasury operations." — Heather Herbst, research director, CFO Tech Agenda at IDC