Coinbase: $717B Stablecoin Transactions & 245x RWA Growth

3 Min Read Tags:

  • Coinbase reports a significant increase in stablecoin adoption, with 161 million users globally.
  • The tokenization of real-world assets (RWA) has surged by 245 times.
  • Small businesses have doubled their use of cryptocurrencies in 2025.
  • Stablecoin transactions approached the scale of Visa’s payment volumes in April 2025.
  • Regulatory clarity remains a barrier for broader cryptocurrency adoption among small businesses.

Unprecedented Growth and Adoption of Stablecoins

In a remarkable development within the cryptocurrency sphere, Coinbase’s latest report reveals that over 161 million users now own stablecoins. This number surpasses the populations of the ten largest cities worldwide and is quadruple Canada’s population. With stablecoin transaction volumes nearing $717.1 billion in April 2025, these digital currencies are becoming comparable to traditional financial systems like Visa.

The Rise of Real-World Asset Tokenization

The tokenization of real-world assets (RWA) has witnessed an explosive growth, increasing by an astonishing 245 times compared to the previous year. As of April 2025, the value of tokenized assets stands at $21 billion. Private credit dominates this sector with a share of 61%, followed by government bonds at 30% and commodity assets at 7%. Platforms like Figure, BUIDL, and BENJI are leading this market transformation.

Small Businesses Turn to Cryptocurrencies

The report highlights that small businesses have doubled their cryptocurrency usage from 17% in 2024 to an impressive 34% in 2025. A significant majority—82%—of small and medium enterprises (SMBs) believe cryptocurrencies help resolve at least one financial issue, while over half see cost-saving benefits from using stablecoins for international transactions.

Addressing Regulatory Challenges

Despite these advancements, regulatory uncertainty continues to hinder widespread adoption. A substantial portion—72%—of small businesses express willingness to embrace cryptocurrencies if clear guidelines were established. In response, nine out of ten executives from Fortune 500 companies advocate for definitive regulations to support innovation and drive digital asset growth.

A Glimpse into the Future

Looking ahead, the U.S. is proactively working towards regulatory clarity with over 130 legislative proposals on cryptocurrencies across 38 states. Scheduled for June 11th, 2025, the Senate vote on the “Guiding and Establishing National Innovation for U.S. Stablecoins” (GENIUS Act) could mark a pivotal moment for stablecoin regulation.
This burgeoning landscape signifies not only technological advancement but also a paradigm shift in how digital currencies integrate into mainstream finance. As we navigate this evolving terrain, it’s evident that cryptocurrencies are carving out their place as indispensable components of modern economic frameworks.

Anthropic Models 3 US Economic Scenarios Through 2030

Anthropic published a model outlining three scenarios for the U.S. economy through 2030, with its extreme scenario suggesting annual GDP growth could reach 15% alongside historically high unemployment.

7 Min Read
Robinhood CEO Says Companies Cannot Control Tokenization of Their Shares

In September 2026, Robinhood CEO Vlad Tenev said companies cannot prevent third-party products linked to their shares, defending 1:1 share-backed Stock Tokens after AMC CEO Adam Aron challenged their legality.

5 Min Read
Germany Will Change Crypto-Asset Tax Rules in 2027, Media Reports

Germany’s draft crypto tax reforms would from Jan. 1, 2027, tax profits on covered assets acquired after Dec. 31, 2026, regardless of holding period, while platforms would begin withholding tax…

5 Min Read
Vitalik Buterin Says Recursive STARKs Could Cut Ethereum Private, Post-Quantum Transaction Costs

On Sept. 9, Ethereum co-founder Vitalik Buterin explained EIP-8288, a proposal to aggregate STARK proofs and cryptographic signatures at the mempool level, potentially reducing costs without changing the EVM.

6 Min Read
Bybit Launches AI Assistant for Trading, Account Management

Bybit announced the launch of Bybit AI, a voice assistant that lets eligible users access trading, account management and customer support through one app chat interface after activating an isolated…

4 Min Read