Coinbase Report: Stablecoin Interest Among Fortune 500 Companies Triples in One Year
Interest in stablecoins among executives representing the 500 largest companies in the United States has tripled compared to last year, according to a new report published by crypto exchange Coinbase.
According to the report titled “State of Crypto,” around 29% of 100 senior executives at Fortune 500 companies said their companies were interested in or making plans to use stablecoins, compared to just 8% in 2024.
Coinbase cites the slow processing times and high transaction fees of existing payment methods as the main reasons for this remarkable increase.
Not only large companies but also small and medium-sized enterprises (SMEs) with less than 500 employees are showing increasing interest in stablecoins.
According to a Coinbase survey of 251 financial decision-makers, 81% of SMBs expressed interest in using stablecoins, up from 61% last year. At the same time, 46% of these companies said they plan to use cryptocurrencies in the next three years.
The report included the following statements:
“Behind this growth lies the belief of both Fortune 500 companies and SMEs that stablecoins can relieve their financial distress.”
More than 82% of SMEs believe that cryptocurrencies can solve at least one financial problem, such as transaction fees and cross-border payments.
Prominent Uses of Cryptocurrencies
The report emphasized that stablecoins can be used in the following areas:
- Low-cost, instant cross-border transfers
- Low payment processing fees
- Increased efficiency in payroll processes
- Protection against inflation
- Building a financial bridge to the unbanked or underbanked masses
Transfer Volumes and Usage Rates Break Records
Organic stablecoin transfer volumes have also increased significantly, with monthly transfers reaching $719 billion in December 2024 and $717 billion in April 2025, the highest ever.
Total stablecoin transaction volume through 2024 reached $27.6 trillion. This figure exceeded the combined annual transaction volume of Visa and Mastercard by 7.7%.
Growing Interest at Institutional and Global Levels
Not only companies but also countries are interested in stablecoins.
Uber CEO Dara Khosrowshahi stated at the Bloomberg Tech Summit on June 5 that they are exploring the use of stablecoins to reduce money transfer costs.
According to a report published by Fireblocks in May, 90% of institutional players are considering integrating the use of stablecoins into their operations.
The Russian Ministry of Finance presented a plan to develop a state-backed stablecoin in April.
Three major institutions in Abu Dhabi have partnered to develop a new stablecoin pegged to the dirham.
These developments suggest that stablecoins will play an increasingly important role in corporate finance, cross-border transactions, and payment systems.
*This is not investment advice.
