Fortune 500’s Stablecoin Push Gains Momentum: Usage Triples in One Year
Major Corporations Shift Gears as $27.6 Trillion in Volume Sparks Confidence
Interest in stablecoins among Fortune 500 companies has surged more than threefold over the past year, according to the 2025 State of Crypto report by Coinbase. Nearly 29% of executives from top U.S. firms now say their companies have plans or are actively exploring the use of stablecoins—up sharply from just 8% in 2024.
“This growth is driven by the belief among consumers and both the F500 and SMBs that stablecoins can help address some of their biggest financial pain points,” Coinbase stated.
Stablecoins Offer an Edge in Speed and Cost
A growing number of executives cite high transaction fees and sluggish payment systems as key issues. Stablecoins are seen as a cost-effective, near-instant solution—offering a technological edge for domestic and international transactions.
Currently, 7% of Fortune 500 companies are already using or holding stablecoins, indicating a shift from interest to action.
Interest isn’t limited to corporate giants. Among 251 small and medium-sized business (SMB) financial decision-makers surveyed, 81% expressed interest in stablecoins—up from 61% the previous year. Nearly 46% of SMBs expect to adopt crypto within three years.
Most small and medium businesses think crypto can help address one financial pain point. Source: Coinbase
More than 82% of SMBs believe crypto can help tackle at least one financial hurdle, including cross-border transactions, remittances, payroll, and banking access for the unbanked.
Adoption Backed by Volume Growth
Monthly stablecoin transfer volumes reached $719 billion in December 2024 and $717 billion in April 2025, marking record-breaking highs.
For the full year 2024, total stablecoin volumes hit a staggering $27.6 trillion, exceeding combined Visa and Mastercard volumes by 7.7%.
Stablecoin holders have consistently grown in the last year. Source: Coinbase
Stablecoin ownership has also risen sharply, reaching over 161 million holders as of May 2025—more than the population of the world’s 10 largest cities combined, and surpassing the 142 million users of JPMorgan, Bank of America, Wells Fargo, and Citibank combined.
Beyond the U.S., multinationals and governments are warming up to stablecoins:
Uber CEO Dara Khosrowshahi confirmed the company is in the “study phase” of using stablecoins to cut global money transfer costs.
A May 14 Fireblocks report revealed that 90% of institutional players are exploring stablecoin applications.
In April, Russia’s finance ministry proposed creating a national stablecoin, while three major institutions in Abu Dhabi announced plans for a dirham-pegged stablecoin.
Outlook: Stablecoins Become Central to Future Finance
As adoption rises and transaction volumes continue to eclipse traditional payment networks, stablecoins are no longer a fringe interest—they’re becoming integral to corporate financial infrastructure.
With support spanning from Fortune 500 companies to local businesses and national governments, stablecoins are poised to reshape global finance in the coming years.
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