Institutional crypto adoption has passed the ‘point of reversibility,’ PwC says

PwC's Global Crypto Regulation Report 2026 asserts that institutional involvement in crypto markets has reached a "point of reversibility," meaning it can no longer be unwound. This is because digital assets are increasingly embedded in essential functions like payments, settlement, treasury operations, and balance-sheet management, moving beyond mere trading activity. The report cites the growing use of stablecoins, tokenized cash, and onchain settlement tools by banks, asset managers, and payment firms. This functional shift makes unwinding crypto systems difficult once integrated into core operations. This view is supported by figures like Circle CEO Jeremy Allaire, who noted accelerating stablecoin adoption across global banking, projecting a 40% compound annual growth rate as institutions move from pilots to production. Similarly, ARK Invest's research frames public blockchains as entering a large-scale deployment phase, with stablecoins acting as a key bridge between legacy finance and onchain infrastructure.

(Source：The Block)