This is great news for cryptocurrencies. IBM entering cryptocurrency space is another key step to legitimizing this  industry (Crypto) for mainstream and institutional investors

IBM is considering creating a stablecoin for use in its own blockchain platform. The company currently uses stellar as its payment method. The new cryptocurrency would be pegged to the dollar in an effort to make it more stable and usable for payments http://fortune.com/2018/07/17/ibm-stablecoin-cryptocurrency-stellar/