60% of Fortune 500 working on blockchain projects

The future of money, with 60% of Fortune 500 companies actively employed by blockchain initiatives, said the Digital Asset Exchange Coinbase (Coin) said in the second quarter state of crypto report published on Tuesday.
The use of Stablecoin explodes with a 54% growth year-to-year, more than a third of small and medium-sized businesses (SMB) uses crypto, and 60% of Fortune 500 companies are working on blockchain projects, the report said.
The adoption is expected to continue to grow. Twenty percent of Fortune 500 executives said that onchain initiatives were a major part of their company’s approach to progress, and More than 80% of investors in institutional plans to increase their exposure to crypto this year.
Forty -six percent of small and medium -sized businesses that do not use crypto are planning to start using it over the next three years, the report said, and 82% of these companies are in view that using this technology will help meet some of their “financial points.”
However, in order for crypto to reach its full potential, further clarity of regulation is required. 90% of F500 Execs reviewed said clear crypto regulation in the US was required to support the change.
Coinbase used third-party research companies to review 100 Fortune 500 executives about their web3 adoption, and 251 decision manufacturers in small and medium-sized businesses in April. It also evaluated the activity of the web3 initiative through Fortune 100 companies between 2020 and 2025.
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