Bitwise CIO says big tech stablecoin tests could help drive $4 trillion supply by 2030
The Block
Bitwise CIO Matt Hougan projects stablecoin supply could reach $4 trillion by 2030, driven by adoption among major global technology companies.Summary
Bitwise Chief Investment Officer Matt Hougan predicts that the stablecoin market will grow from $300 billion to $4 trillion by 2030. This growth is expected to be fueled by major tech platforms, such as DoorDash and Meta, integrating stablecoin-based payouts for gig workers and creators. While the current pilot programs are relatively small, Hougan argues that stablecoins offer a "killer app" of simplicity, bypassing traditional banking infrastructure and expensive currency conversions. As global firms adopt these blockchain-based payment methods, they are likely to bring millions of new users into the crypto ecosystem, complemented by infrastructure expansion from established players like Visa and Western Union.
(Source：The Block)