Fortune 500 Execs Triple Interest in Stablecoins, Says Coinbase Report

Interest in stablecoins among Fortune 500 executives has more than tripled in the past year, according to Coinbase’s latest State of Crypto report. Released Tuesday, the report reveals that 29% of surveyed executives from the largest 500 U.S. companies now say their organizations are either planning to use or are interested in using stablecoins. This marks a sharp increase from just 8% in 2024. The surge in stablecoin interest is primarily driven by the inefficiencies of current payment systems, particularly the slow transaction speeds and high fees. Meanwhile, 7% of executives noted that their companies are already holding or using stablecoins. Stablecoins Gain Ground It’s not just the giants leaning into stablecoins. Small and medium-sized businesses (SMBs) are also showing growing enthusiasm. Among 251 financial decision-makers surveyed from businesses with fewer than 500 employees, 81% expressed interest in using stablecoins—up from 61% the previous year. In addition, nearly half (46%) said they expect to adopt crypto solutions within the next three years. Coinbase highlighted that both large corporations and SMBs view stablecoins as practical solutions to pressing financial challenges. These include high transaction costs, inefficient payroll systems, and difficulties with cross-border payments. More than 82% of SMBs said crypto could help with at least one core financial issue their business faces. “Use cases include remittances with near-instant and low-cost cross-border transactions, lower payment processing fees, increased payroll efficiencies, inflation protection, and bridging payments gaps for the under and unbanked,” Coinbase noted. Adoption Accelerates as Volumes Hit Record Highs The rise in corporate interest comes as stablecoin volumes continue to reach new milestones . Organic transfer volumes hit $719 billion in December 2024, and April 2025 followed closely with $717 billion. Total transaction volumes across 2024 climbed to a staggering $27.6 trillion—7.7% higher than the combined volumes of Visa and Mastercard for the year. Stablecoin ownership has also expanded rapidly, with over 161 million holders recorded in May 2025. Coinbase points out that this figure exceeds the combined user base of major U.S. mobile banking apps and even the population of the ten largest cities in the world. Notably, Uber is currently studying stablecoin integration to reduce global money transfer costs, as shared by CEO Dara Khosrowshahi. On a global scale, countries like Russia and the UAE are also exploring national stablecoins, reinforcing the technology’s growing relevance in both public and private sectors. The post Fortune 500 Execs Triple Interest in Stablecoins, Says Coinbase Report appeared first on TheCoinrise.com .

Source: The Coin Rise