The number of cryptocurrency, blockchain, or Web 3.0 initiatives announced by Fortune 100 companies has increased by 39% in the past 12 months and hit an all-time high in Quarter 1, 2024. A survey of executives from Fortune 500 companies found that 56% said their companies are working on on-chain projects. From the largest traditional brands to small businesses, stablecoins to tokenized treasury security, trusted names and products in the financial sector are embracing blockchain technology and cryptocurrencies, driving innovation and providing an on-ramp for widespread adoption. The increase in activity highlights the urgency of having clear rules for cryptocurrencies that can help keep cryptocurrency developers and other talent in the United States.