Stablecoin Spread, Fortune 500 Companies Triple… Traditional Finance Tensions Rise

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Since the emergence of Bitcoin 16 years ago, stablecoins have risen as one of the most powerful examples of blockchain technology being practically applied. According to a recent revelation by a professor at New York University, the appearance of stablecoins that provide returns is causing 'panic' in traditional banking circles. In fact, stablecoins at the center of disruptive technology are now attracting the attention of Fortune 500 companies.

The US cryptocurrency exchange Coinbase recently surveyed 100 executives from Fortune 500 companies about their stablecoin usage. According to the survey, 29% of respondents have either introduced stablecoins into their business or are currently reviewing the possibility of use. This is more than a threefold increase from the 8% response rate for the same item last year.

The survey results showed that the primary reasons companies are focusing on stablecoins are 'faster payment processing' and 'lower fees'. In fact, 7% of respondents said they are already using stablecoins in their practical operations. This suggests that global companies are experiencing the limitations of existing financial infrastructure and are testing stablecoins as an efficient, intermediary-free remittance method.

The spread of stablecoins is also having a significant impact on the direction of the blockchain industry. Meta Platforms ($META) recently shifted its focus to the AI field and established a dedicated department for developing 'super artificial intelligence'. The department head is Alexandr Wang, founder of AI data company Scale AI, and it is known that Meta has fully acquired Scale AI for approximately $15 billion (about 20.85 trillion won).

The cryptocurrency market is becoming the central axis for reshaping traditional industries by combining with cutting-edge technologies beyond mere investment. From stablecoins to AI integration technologies, the wave of change has already begun. With the uncertain possibility of Trump's re-election, this trend is expected to accelerate depending on the regulatory environment and institutional acceptance.

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#Stablecoin#BlockchainTechnology#Fortune500#Coinbase#CryptocurrencyCompanyAdoption

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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