Stablecoins could surge toward $719 trillion as crypto adoption accelerates
Stablecoin volumes are projected to reach $719 trillion by 2035, driven by generational wealth transfer and increasing crypto adoption.Summary
A new report by Chainalysis projects that stablecoin transaction volumes could reach $719 trillion by 2035, indicating they are poised to become a foundational element of global finance. This growth is attributed to organic adoption and a significant generational wealth transfer, with younger demographics (Millennials and Gen Z) being more inclined to use crypto as a default financial instrument. The report highlights that stablecoins moved over $35 trillion on blockchain last year, with a small fraction used for real-world payments. However, current trends suggest that on-chain payments could rival Visa and Mastercard's volumes by 2039, posing a direct challenge to traditional payment networks by offering near-instant, 24/7 settlement and programmable transactions. Chainalysis emphasizes that institutions investing in on-chain payment infrastructure now will shape the future of global finance.
(Source：CoinDesk)