Fortune 500 companies are increasingly turning their attention to dollar-pegged digital currencies. According to a new report from cryptocurrency exchange Coinbase, the use of and interest in stablecoins has tripled over the past year. The key drivers are the high costs and slow speed of traditional payment channels.
The report states that 29% of surveyed top executives are now considering the use of stablecoins. Just a year ago, only 8% expressed such interest. Businesses are looking for ways to reduce costs and accelerate payment processes.
Why Companies Are Turning to Stablecoins
Executives from Fortune 500 companies view stablecoins as a solution to two major challenges: high transaction fees and the sluggishness of international payments. According to Coinbase, 7% of respondents already use or hold stablecoins as part of their operational activities.
Growing Interest Among Small and Medium Businesses
A similar trend is observed among small and medium-sized enterprises. In 2024, stablecoins were of interest to 61% of CFOs at companies with fewer than 500 employees. By 2025, that figure had risen to 81%. Furthermore, 46% said they were very likely to use cryptocurrency within the next three years.
The main reasons cited include the ability to send money abroad quickly, save on transaction fees, optimize payroll, hedge against inflation, and serve customers who don’t have bank accounts. According to the report, 82% of small and medium businesses believe that crypto can help solve at least one of these challenges.
Transfer Volumes Set New Records
Amid rising demand, stablecoin transfer volumes have also reached new highs. In December 2024, organic transfer volume hit $719 billion, and in April 2025 — $717 billion. For all of 2024, the total volume of stablecoin transactions reached $27.6 trillion — 7,7% more than the combined transaction volume of Visa and Mastercard.
