The interest in the use of stablecoins has been tripled year-to-year from 2024 to company executives at Fortune 500 companies, according to a Crypto Exchange Coinbase report.
Nearly 29% of 100 executives who have surveyed from the largest 500 US company by income said their company had plans for, or Interested in stablecoinsCompared to only 8% that said the same in 2024, representing more than three times the year’s increase in year, Coinbase Says In a Crypto state report released Tuesday.
The main reasons for interest in stablecoins are slow Transaction speed and high transaction fees associated with current payment methods. At the same time, 7% of respondents said their company is currently using or holding stablecoins.
Smaller businesses interested in stablecoins
Businesses with fewer than 500 employees also showed rising interest in Stablecoins compared to last year.
Of the 251 who surveyed financial decisions manufacturers in small and medium businesses, 81% said they were interested in using stablecoins compared to 61% a year ago. Meanwhile, 46% said they would likely use crypto over the next three years.
“This growth is driven by the belief in consumers and both the F500 and SMBS that Stablecoins can help meet some of their biggest financial financial points,” Coinbase said.
More than 82% of SMBS also said they think Crypto will help address at least one financial issue in their business, such as cross-border transaction and payment fees.
“Cases include remittances with close-instant and cheap cross-border transactions, lower payment processing, increased payroll efficiency, inflation protection, and bridging gaps for the bottom and not generated,” Coinbase said.
Stablecoin adoption and volume rises
The Organic Stablecoin Transfer Monthly Volume has also seen a significant uprising, with December 2024 seeing a high $ 719 billion, followed by $ 717 billion by April 2025 as the two highest months to date, according to Coinbase.
Total volume of stablecoin also hits $ 27.6 trillion in 2024, which exceeded the combined Visa and MasterCard volumes of 7.7%.
At the same time, Stablecoin’s owner grew grew with more than 161 million holders that were clocked in May.
“That’s more than the population of the world’s 10 largest cities combined and more than 142 million joint US ‘Big Four’ Mobile Bank Apps, JPMorgan, Bank of America, Wells Fargo and Citibank,” Coinbase said.
Stablecoins find a growing interest for businesses
Other large companies and even countries show an increase in interest in the use of stablecoins in some form as well.
Related: ‘Dark Stablecoins’ may appear while regulations are tight
Ridesharing Giant Uber is in the “Study Study” of using Stablecoins to help reduce money transfer costs worldwide, CEO Dara Khosrowshahi said at a June 5 Bloomberg Tech Summit in San Francisco.
A May 14 report from the Digital Assets platform platform found by the fireblocks 90% of institutional players who are -survey has explored the use of stablecoins in their operation.
A Russian financial official official floated a plan for the government that Develop one’s own stablecoin In April, while a trio of major Abu Dhabi institutions cooperated until Create a new dirham-pegged stablecoin The same month.
Legal Panel: Crypto wants to overthrow banks, now they turn into the stablecoin fight
