Well, ain’t this a sight? Seems like more than half of them Fortune 500 fellas are now dabbling in what they call “onchain initiatives.” Coinbase, bless their hearts, put out some numbers sayin’ blockchain is catchin’ on faster than a Mississippi rumor, even amongst the smaller fish in the business pond.
Blockchain Adoption on the Rise, Says Coinbase – You Hear That, Martha?
Coinbase, in their infinite wisdom, released a report this week. Claims that 56% of them high-falutin’ Fortune 500 executives are fiddlin’ with blockchain projects. And wouldn’t you know it, the number of crypto, blockchain, and Web3 doodads amongst the Fortune 100 jumped a whole 39% since last year! They’re all hot and bothered about keepin’ crypto developers here in the States, too, what with all the talent hightailin’ it overseas.
But hold on, it ain’t just the big boys playin’ this game. Them small businesses are gettin’ in on it too! A whopping 68% reckon crypto could smooth out some mighty rough patches, like them pesky transaction fees and snail-paced processin’ times. And half of ’em are lookin’ to hire folks who know their way around crypto. Smart move, if you ask me. 😉
Even them old-timey finance fellas are jumpin’ into the crypto pool. Them U.S.-listed bitcoin ETFs are holdin’ onto more than $63 billion in assets, and tokenized U.S. Treasury products have grown faster than kudzu since early 2023, reachin’ $1.29 billion. BlackRock’s BUIDL fund done gone and passed Franklin Templeton’s to be the biggest of the bunch. Now ain’t that somethin’?
Stablecoin integration is spreadin’ like butter on a hot biscuit, too. Stripe, through Circle, is lettin’ folks pay with USDC across Ethereum,
Solana, and Polygon, with automatic fiat conversion. And Paypal is givin’ folks in about 160 countries fee-free stablecoin transfers. What will they think of next? 🤪
Coinbase’s report is also makin’ a fuss about the U.S. leadin’ the charge in blockchain development. Seems like 72% of them Fortune 500 executives think a dollar-backed digital currency is just the ticket to keepin’ America competitive. Well, I never! 🧐
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2025-06-10 21:59