According to a recent survey by Deloitte, interest in cryptocurrencies among Chief Financial Officers (CFOs) is increasing. The survey shows that 25% of CFOs in North America expect cryptocurrency integration within their companies in the next two years.
Trends in Cryptocurrency Integration
The survey was conducted between June 4 and June 18 among 200 CFOs of companies generating over $1 billion in annual revenue. The results show that only 1% of finance chiefs do not foresee using cryptocurrency in the long term. For companies with revenues exceeding $10 billion, the expected adoption rate is 40% by 2027.
Main Barriers to Cryptocurrency Adoption
Despite the increasing interest, CFOs point out significant challenges. 43% of respondents cited price volatility as their main barrier to adopting non-stable cryptocurrencies such as Bitcoin and Ethereum. Accounting and compliance issues are also pressing for 42%, while 40% pointed to a lack of regulatory clarity as a concern.
Future Use of Cryptocurrencies in Corporations
Nevertheless, 15% of CFOs plan to invest in non-stable cryptocurrencies as part of their treasury strategy in the next two years, rising to 24% among larger corporations. Relevant motivations for such investments include portfolio diversification and potential hedging against risks in traditional financial markets. Furthermore, 15% of CFOs reported plans to accept stablecoins as payment within two years.
Thus, the Deloitte survey shows that cryptocurrencies are becoming an important part of discussions at the highest levels of business management despite existing barriers.
