Intel, Coinbase Report on AI and Cryptocurrency Use by Small Businesses

Intel and Coinbase executives reported increasing adoption of artificial intelligence and cryptocurrency by small businesses at the CO—100 Small Business Forum on October 14, 2025. Speakers detailed how these technologies assist entrepreneurs with marketing, payment processing, and international expansion. Intel's Technical Sales Director, Byron Wirtz, stated AI allows businesses to focus on core operations by automating technology management. Coinbase's Senior Director, Sid Coelho-Prabhu, revealed that approximately 20% of small businesses now use cryptocurrency, particularly stablecoins like USDC, for faster and cheaper transactions. This reduces reliance on traditional banking systems and facilitates global commerce at reduced costs. According to Coelho-Prabhu, cryptocurrency offers immediate cost advantages through rapid and borderless transactions. Intel and Dell are providing startup programs to support responsible AI adoption. Coinbase is also collaborating with Shopify to enable merchants to accept cryptocurrency payments, expanding their potential customer base. These initiatives aim to equip small businesses with the tools to compete in an evolving market by leveraging new technologies for efficiency and broader market access.