Businesses Are Adopting Crypto

Crypto isn’t just for consumers. Businesses of all sizes are finding ways to thrive with crypto. Well-known banks, investment firms, and a growing range of other companies have the technology running behind the scenes, or they’re creating new products that put crypto to work for their customers. 

Here are a few examples: 

Crypto Credit Cards – Let you spend crypto anywhere by automatically converting it to dollars at checkout.

Investment and Exchange-Traded Funds (ETFs) – Funds that track or hold major cryptocurrencies or invest in companies building blockchain technology, and they’re available through well-known brokers. Do your research before investing in these types of products. 

401(k) Retirement Plans – Some providers include crypto options, giving workers more choice in how they save for the future.

Company Treasuries – Companies hold crypto on their balance sheets as digital cash or a long-term asset and you buy the stock in the company rather than owning the crypto directly. Again, do your research. 

Payments – Companies are using crypto to pay contractors, manufacturers, and suppliers.

Crypto is no longer on the sidelines – businesses are turning to crypto for the same reasons people do: flexibility, lower costs, and wider reach.