Fortune 100 blockchain initiatives have increased by 39% in the past year—hitting a record high in Q1 2024, according to a recent industry report by @coinbase. Five key insights: 1. The annual settlement volume of stablecoins hit $10 trillion in 2023 (more than 10x the amount of remittances worldwide). 2. Instant settlement is recognized as the number one benefit across both stablecoin and tokenization use cases. 3. The total value of non-stablecoin assets tokenized is roughly $3B based on publicly trackable data, although the Hong Kong Monetary Authority estimates another $3.9B of bonds have been tokenized. 4. Most Fortune 500 executives say their companies will maintain or increase their budget for crypto and onchain projects over the next two years. 5. A record 59% of F100 blockchain initiatives are now at an advanced stage. Read in full: