According to the State of Cryptocurrency 2025 report, corporate adoption in the U.S. is showing strong momentum, with 60% of Fortune 500 companies currently working on blockchain projects, up 47% year-over-year. In the first quarter of 2025 alone, the Fortune 100 announced 17 unique blockchain projects, setting a record for the second-highest quarterly activity on record. Over the past year, blockchain infrastructure has been the dominant category, with a total of 24 projects, primarily driven by the tech sector, contributing 16 of them. The participation of the real economy is another key trend, with SMEs seeing a significant increase in adoption, with the report noting that the use of cryptocurrencies among SMEs has "tripled". Currently, cryptocurrency usage among SMBs has tripled year-over-year, from 17% to 34%, stablecoin adoption has risen from 8% to 18%, and acceptance of cryptocurrency payments has risen from 16% to 32%. Looking ahead, 82% of SMEs believe that cryptocurrencies can solve at least one financial pain point, with transaction fees and cross-border payment challenges being the main concerns. Tokenized assets for stablecoins and other risk-weighted assets (RWAs) have also reached new heights. The stablecoin supply grew 54% year-over-year to $247 billion, accounting for nearly 10% of the U.S. currency in circulation, with 160 million holders worldwide, more than the world's top 10 cities combined