Fortune 500 Embraces Blockchain: 60% Adoption as Small Businesses Drive Stablecoin Surge!

According to Coinbase’s recent State of Crypto report released on Tuesday, 60% of Fortune 500 companies are currently engaged in blockchain technology development.

This trend reflects a significant change in how major corporations, small businesses, and investors anticipate the future of finance, driven largely by stablecoins and digital assets.

81% of SMBs Aware of Crypto Favor Stablecoins; $27.6T Transferred in 2024

The report, which surveys decision-makers from Fortune 500 firms as well as small and medium-sized businesses (SMBs), reveals an increasing interest in adopting blockchain technology and using stablecoins.

Coinbase highlights that 2024 has been pivotal, with on-chain projects transitioning from experimental phases to strategic initiatives.

“Almost 20% of Fortune 500 executives now view on-chain projects as vital to their company’s strategy,” the report indicated, marking a 47% rise from the previous year.

Stablecoins are at the forefront of this evolution. Over 81% of SMBs familiar with crypto have shown interest in utilizing stablecoins to mitigate significant financial issues, such as high transaction costs and delays in cross-border payments.

Among Fortune 500 companies, the interest in stablecoins has seen a threefold increase since 2024.

This growth is supported by real-world applications. Coinbase noted that stablecoin transaction volumes reached record levels last year, with $719 billion transferred in December 2024 and $717.1 billion in April 2025.

Overall, stablecoins facilitated a staggering $27.6 trillion in transfers last year, surpassing the combined figures of Visa and Mastercard by over 7%.

“The future of money is already here, and stablecoins are driving this change,” the report emphasized, highlighting their importance in remittances, payroll, and enhancing financial accessibility.

More than a third of SMBs are already utilizing crypto, and 46% of those who aren’t yet have plans to begin within three years. Overall, 82% believe that crypto can aid in solving some of their financial concerns.

Institutional interest is also on the rise. Coinbase found that over 80% of institutional investors intend to broaden their crypto investments this year. Currently, there are over 161 million stablecoin holders globally, with the supply of stablecoins expanding by 54% from last year.

Despite this enthusiasm, the report highlights that establishing clear regulations remains a major obstacle. Ninety percent of surveyed Fortune 500 executives stated that the U.S. requires consistent, nationwide cryptocurrency regulations to fully tap into blockchain’s potential.

“There’s an emerging patchwork of laws,” said Coinbase, noting initiatives like the proposed GENIUS Act aimed at stablecoin regulation. “It’s time for regulatory clarity that will boost overall crypto adoption.”

Coinbase worked alongside The Block Pro Research and third-party survey firms to compile the report, which also examined Web3 adoption trends among Fortune 100 companies from 2020 to 2025.

As the corporate and financial sectors increasingly adopt crypto, stablecoins are leading the way. Their swift growth and incorporation into business operations suggest we may be witnessing the early phases of a significant digital financial transition.

Small Businesses Embrace Crypto Amid Regulatory Progress in Washington

While major companies are at the forefront, small and medium-sized businesses (SMBs) are quickly advancing in adopting blockchain technology.

For many, the attraction lies in addressing real financial challenges. Approximately 80% of SMBs utilizing crypto report enhanced invoicing and accounts receivable practices as significant advantages.

Stablecoins are particularly favored for offering quicker payments and reduced transaction costs.

However, like their larger counterparts, SMBs are also seeking clearer regulations. Industry experts suggest that regulatory uncertainty hampers adoption, even amid rising interest. Recent developments in Washington might lead to change.

On May 19, the U.S. Senate passed the bipartisan GENIUS Act focused on stablecoin regulation, with a 66-32 vote.

Additionally, Representative Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act (BRCA), a bipartisan proposal aimed at preventing blockchain developers from being categorized as money transmitters.

These advancements, along with signals from President Donald Trump supporting pro-crypto policies, indicate a growing momentum for a clearer regulatory framework in the U.S. This could pave the way for wider adoption not only among large tech firms but also for businesses of all sizes.

The article originally appeared on Cryptonews.