BNY forecasts stablecoins and tokenized cash to reach $3.6T by 2030
Crypto Briefing
BNY predicts a $3.6 trillion market for stablecoins and tokenized cash by 2030, driven by institutional adoption.Summary
BNY forecasts that the combined market for stablecoins and tokenized cash will reach $3.6 trillion by 2030, reflecting increasing institutional interest in blockchain-based payment solutions. The bank’s report suggests that blockchain technology will complement, rather than replace, existing financial infrastructure, facilitating wider adoption by institutions. BNY has already partnered with Goldman Sachs to launch a solution for tokenized money market funds, improving access to digital asset markets for institutional clients. This move indicates a growing trend of institutions incorporating stablecoins, tokenized deposits, and digital money market funds into their digital cash ecosystems.
(Source：Crypto Briefing)