A bitcoin rarely comes alone
According to research and advisory firm Gartner, 20 percent of large enterprises will use digital currencies for payments, stores of value and securities by 2024. This assessment is particularly important for CFOs as they need to evaluate use cases and potential risks for digital currencies, which will increasingly be used in business transactions and gain overall economic importance in the coming years.
"The increasing adoption of cryptocurrencies on traditional payment platforms and the rise of digital central bank currencies (CBDCs) will drive many large organizations to integrate digital currencies into their applications in the coming years", says Avivah Litan, Distinguished Vice President Analyst at Gartner. "Digital currencies are used by these companies primarily as a means of payment, value up-
preservation tools and high-yield investments are used in decentralized financial applications (DeFi)."