Stablecoins Gaining Traction: Coinbase Survey Shows Fortune 500 Interest Soars

A new survey by Coinbase reveals a surge in interest for stablecoins among businesses, particularly the Fortune 500. Almost 29% of executives are exploring or planning to use stablecoins, driven by faster and cheaper payment processing compared to traditional methods. This trend is mirrored by SMBs, with 81% expressing interest, as stablecoins offer solutions like faster remittances, reduced fees, and efficient payroll management.