According to Coinbase’s latest 2026 outlook, four converging forces – crypto ETFs, stablecoins, tokenization and clearer regulation- will be the main engines of global crypto adoption next year. On 31 December 2025, Coinbase’s head of investment research, David Duong, said, “That adoption advanced materially in 2025. Spot ETFs have created durable, regulated access, while digital asset treasuries (DATs) emerged as new corporate balance-sheet vehicles. Meanwhile, tokenization and stablecoins moved deeper i ...