
The Corporate Treasury Shift: Asset Allocation And The New Cryptocurrency Option
More Banks Turn to Crypto, Blockchain to Help Corporates Drive Global Growth
Fifty-eight percent of multinationals that do business in six or more countries use cryptocurrencies in their day-to-day operations. A new PYMNTS study of 250 multinational financial institutions (FIs), sponsored by Circle, examines how their corporate customers are using blockchain and crypto to manage liquidity, make payments and drive global growth — and the digital currency imperative it implies for FIs that wish to retain those corporate relationships.
Inside the January Playbook
- 58%: Share of firms that operate in six or more international markets and use at least one cryptocurrency
- 61%: Portion of FIs that consider access to cryptocurrency highly important for their corporate customers
- 96%: Share of FIs that believe businesses would use stablecoins for transacting and investing