Coinbase Institute

For a few years, payments service providers have been using stablecoins to improve their global money movement capabilities. More recently, there is increasing anecdotal and empirical evidence that migrant workers and their families are using stablecoins natively to make these important support transfers. We examine Coinbase data and find that among crypto transfers that are possible remittances, stablecoins are playing an ever greater role, particularly over the last three years.

The U.S. Chamber of Commerce has just published its 4th report on the key role that diverse technology platforms have in helping small businesses operate and compete. Introduced in 2022, this nationwide analysis continues to explore the technologies used by small businesses, how these have changed over time, and the effects of these trends on these enterprises and the economy at large. Some observations on digital assets from the report: - 96% of small business owners said they plan to use new types of technologies like AI and cryptocurrencies - 86% would like to learn more about crypto & stablecoins - Interest in adopting crypto and stablecoins was high (71% and 69%, respectively) Read the report here: https://lnkd.in/gt9Hh88y Veronica Hash 🛡

Smaller banks have historically been cautious about digital currencies, but stablecoins—digital tokens backed by safe, liquid assets like US Treasuries—present significant opportunities rather than threats. With the recent GENIUS Act providing clearer regulatory guidelines, community banks can now confidently explore how stablecoins can make their operations more efficient and offer customers faster, cheaper payment options. Community banks can embrace stablecoins as tools that help them compete with larger institutions, reduce transaction costs, and provide innovative services that keep customers engaged.