Stablecoin Adoption Soars Among Fortune 500 Companies as Their Use Expands

A recent report by Coinbase reveals a significant surge in interest for stablecoins among executives of the top US companies. The report, titled ‘State of Crypto,’ indicates that the percentage of Fortune 500 executives expressing interest in or planning to utilize stablecoins has tripled compared to last year, reaching around 29%. This rise is attributed to the slow and expensive nature of traditional payment methods.