U.S. Blockchain Coalition (USBC)

Highlighting and cataloging use cases of blockchain across the U.S., providing education to policymakers, and building relationships with regulators

Founded in June 2021, USBC focuses on best practices, community building, and grassroots education related to digital assets, crypto, and emerging technologies. It strives to partner and work with local and national organizations to promote better understanding of such emerging technologies and support creating business and job opportunities for many.

The State of Web3

A new report from the United States Blockchain Coalition (USBC), a first-of-its-kind organization built to drive multistate collaboration and maintain American leadership in digital asset, Bitcoin, and distributed ledger technologies (DLT), illustrates increased traction around enterprise applications of blockchain technology and burgeoning research and development investment. Prepared by innovation consultancy firm Moonbeam Exchange, the report, The State of Web3 - Economic Activity Analysis Across the U.S., explores the current Web3 landscape within each state, showcasing investment and startup activity, innovation ecosystems and academic research.

The report finds Web3 is no longer a nascent industry, but one with a significant footprint and impact on the broader economy and workforce. This growth is largely driven by startup activity, but investment from incumbents continues, with 276 of Fortune 1000 companies focusing on Web3 research and development (R&D). Sectors like finance, technology, retail, media, and healthcare are the most active in the sector. Since 2008, the Web3 industry has created more than 200,000 jobs and received over $107 billion in capital investments.

Access The Report ↗

FAQ

Frequently asked questions

What is USBC?+

Founded in June 2021, USBC is the only national organization with a multi-state focused approach, leveraging hyperlocal relationships in nearly 50 states to seek consistent policies at the state level through alignment on public policy and legislative priorities. USBC highlights and catalogs use cases, provides accessible education to policymakers, builds relationships with regulatory bodies and agencies, and proactively seeks new partnerships with industry, government, academia, entrepreneurs and investors to meaningfully grow the sector across the country.

What is USBC’s vision/mission?+

Leveraging the strength of collective advocacy and deep-rooted relationships across nearly 50 states, USBC effectively dismantles fragmentation and silos, paving the way for consistent state-level policies through alignment on public policy and legislative priorities.

Why does this merger benefit both USBC and GBBC?+

Recognizing the pivotal role that state-level organizations and legislators play in defining the regulatory and adoption landscape, GBBC and USBC will collaborate to amplify their collective influence across the U.S. Under GBBC's guidance, USBC will leverage the expertise and insights of GBBC's 500+ institutional member community and gain access to GBBC's comprehensive collection of educational resources. In turn, USBC's extensive grassroots network will bolster GBBC's relationships and advocacy initiatives across the U.S.

What outputs has USBC previously delivered?+

USBC has a proven track record of delivering valuable outputs to its members and the broader Web3 community. USBC has hosted multistate policy conferences, providing a platform for discussing policy priorities, sharing best practices, and addressing challenges agency coordination and advocacy. Additionally, USBC has released a comprehensive "State of Web3" report offering in-depth state-by-state analysis of Web3 activity, along with maintaining a use case catalog to educate lawmakers and legislators.

My company is a member of GBBC, how do I get involved in USBC?+

GBBC’s extensive global member community will have the opportunity to participate in USBC's activities and contribute to USBC projects. If you or your organization are interested in getting involved with USBC, please contact membership@gbbc.io.

What are GBBC’s initiatives?+

GBBC is the largest leading non-profit association for the blockchain, digital assets, and emerging technologies community. Founded in 2017 in Davos, Switzerland, GBBC comprises more than 500 institutional members and 251 Ambassadors across 119 jurisdictions and disciplines. GBBC furthers adoption of digital technologies by engaging regulators, business leaders, and global changemakers to harness these transformative tools for more secure and functional societies. GBBC initiatives: BITA Standards Council (BITA), Capital Markets Risk Mitigation Framework (RMF), GBBC Digital Media, Global Standards Mapping Initiative (GSMI), International Journal of Blockchain Law (IJBL), InterWork Alliance (IWA), and U.S. Blockchain Coalition (USBC).

What if I have a question not answered in the FAQs?+

Contact membership@gbbc.io for any questions you may have.

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