Stablecoins Drive Crypto Adoption Among SMBs, Report Finds
A recent Coinbase report highlights the pivotal role of stablecoins in cryptocurrency adoption, particularly among small and medium businesses (SMBs). Released on June 10, 2025, the report reveals that 81% of crypto-aware SMBs are interested in utilizing stablecoins for payments and financial operations. Additionally, interest from Fortune 500 companies has tripled since 2024.
The report also notes record-breaking stablecoin transfer volumes, with December and April seeing the highest monthly transfers ever. Globally, stablecoin supply increased by 54% year-over-year, with over 160 million holders. Regulatory clarity is emphasized as essential for further innovation, with the GENIUS Act and other legislative efforts advancing in the US Congress. In South Korea, the new president has proposed the Digital Asset Basic Act to regulate stablecoin issuance. Tether and Circle continue to dominate the market, controlling 85% of stablecoin circulation.
