Fortune 500 Stablecoin Adoption Explodes: 29% of Execs Now Plan to Use Them
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A Coinbase report shows Fortune 500 interest in stablecoins has tripled in just one year. Today, 29% of executives plan to use them, up from a mere 8% in 2024.
Adoption is growing. About 7% of surveyed firms already use or own stablecoins. Meanwhile, 60% are working on blockchain projects. Half are boosting investments, and 20% call it a top priority.
https://twitter.com/WuBlockchain/status/1932675805303484936
Coinbase: High Fees and Slow Traditional Payments Drive Shift
Small businesses are also getting involved.
In a survey of 251 financial leaders, 81% expressed interest in stablecoins, up from 61% the previous year. Nearly half plan to adopt cryptocurrency within the next three years, and 18% already use stablecoins on a daily basis.
The report outlines practical use cases, such as low-cost cross-border payments, faster payroll processing, reduced transaction fees, and improved access for the underbanked, as key drivers of the shift.
The numbers speak for themselves.
In 2024, stablecoin transactions reached $27.6 trillion, surpassing the combined transactions of Visa and Mastercard by 7.7%. Monthly transfers hit $719 billion in December 2024 and $717 billion in April 2025.
The report also revealed that a $719 billion monthly transfer was recorded in December 2024 and $717 billion in April 2025.
Large tech enterprises, such as Uber, are also exploring the integration of stablecoins, while Russia and the United Arab Emirates (UAE) are developing strategies for national stablecoin initiatives.
With over 161 million users worldwide, stablecoins aren’t just a trend. They’re gradually becoming essential tools for modern business operations.
Will Stablecoins Be the Bridge Between Digital Assets and Traditional Finance?
The stablecoin market has expanded significantly, reaching a valuation of approximately $250 billion, according to data from DeFiLlama.
This growth comes as the U.S. Senate prepares to debate the GENIUS Act, a bill that aims to regulate stablecoin issuers with strict reserve rules and transparency measures.
If passed, the GENIUS Act could increase stablecoin adoption, boost investor confidence, and strengthen the crypto-financial ecosystem.
However, tensions have emerged as credit unions push back against unrelated amendments, particularly Senator Marshall’s Credit Card Competition Act, being attached to the GENIUS bill.
https://twitter.com/coinbureau/status/1929808995897725089
Historically, rising stablecoin market caps precede Bitcoin rallies, fueling speculation of another bull run.
Circle’s upcoming IPO and public support from figures like Ripple CEO Brad Garlinghouse underscore the industry’s push for clearer rules.
In a parallel development, major U.S. banks, such as JPMorgan, Bank of America, and Citigroup, are reportedly in discussions to launch a joint dollar-pegged stablecoin backed by cash and U.S. Treasury securities.
This highlights another financial collaboration that hinges on regulatory approval, signaling Wall Street’s deepening interest in digital currencies.