NEW YORK— A growing number of middle-market CFOs are taking a closer look at stablecoins as practical tools for moving money, with interest now outpacing that of traditional cryptocurrencies, according to new data from PYMNTS Intelligence.

PYMNTS reported that 42% of middle-market firms have discussed, tested or used stablecoins, compared with 30% for cryptocurrencies, signaling that finance chiefs increasingly see stablecoins as payment infrastructure rather than speculative…