99% of CFOs plan to use crypto long term, 23% within two years: Deloitte

Cryptocurrency is becoming a financial planning priority, with 99% of chief financial officers at billion-dollar firms expecting to use it for business in the long term, according to Deloitte’s Q2 2025 survey of CFOs.

The survey, conducted among 200 CFOs at companies with over $1 billion in revenues, revealed that 23% expect their treasury departments to use crypto for investments or payments within the next two years. This figure climbs to nearly 40% among CFOs at firms with revenues over $10 billion.

Despite the momentum, finance chiefs remain cautious. Concerns about price volatility top the list, with 43% of respondents citing it as the primary barrier to adopting non-stable cryptocurrencies like Bitcoin (BTC) and Ether (ETH).

Other major concerns include accounting complexity (42%) and regulatory uncertainty (40%), the latter of which has been compounded by shifting US policy.

CFOs plan to invest in crypto within two years

Despite some concerns, a growing number of CFOs are eyeing direct exposure to cryptocurrencies. Fifteen percent said they expect to invest in non-stable cryptocurrencies within 24 months, rising to 24% for large-cap companies.

“Respondents at organizations with revenues of US$10 billion and up were even more likely to tick the box,” the report said. “Nearly 1 in 4 (24%) said their finance departments will likely invest in non-stable cryptocurrencies over the next two years.”

Adoption isn’t limited to investing. Stablecoins are also gaining traction for payments. Fifteen percent of CFOs said their companies are likely to accept stablecoins within two years, with that number hitting 24% among the largest firms.

Privacy and payment efficiency were top drivers, with 45% citing customer privacy and 39% highlighting faster, lower-cost cross-border transactions as key benefits.

CFOs are also looking at blockchain-based assets for operational improvements. Over half of the respondents said they foresee using crypto for supply chain management and tracking. Blockchain’s transparent, immutable recordkeeping could streamline payment verification.

Internal conversations about crypto are already underway. Thirty-seven percent of CFOs said they’d discussed digital assets with their boards, 41% with chief investment officers, and 34% with banks or lenders. Only 2% reported no crypto-related discussions.

Institutional appetite for crypto grows

A March survey by Coinbase and EY-Parthenon revealed that 83% of institutional investors plan to boost their crypto exposure in 2025, with many expanding beyond Bitcoin and Ether.

XRP (XRP) and Solana (SOL) emerged as top picks among respondents, while the majority said they expect to allocate at least 5% of their portfolios to digital assets this year.