BNY Predicts $3.6 Trillion Market for Stablecoins and Tokenized Cash by 2030
- BNY forecasts the stablecoin and tokenized cash market will grow to $3.6 trillion by 2030.
- The report highlights accelerating institutional adoption of blockchain-based payment solutions.
- Blockchains are expected to integrate with traditional financial systems, not replace them.
- BNY has collaborated with Goldman Sachs to offer a solution for tokenized money market funds.
- Institutions are increasingly adopting stablecoins, tokenized deposits, and digital money market funds.
The combined market for stablecoins and tokenized cash is projected to reach $3.6 trillion by 2030, driven by growing institutional interest in blockchain payment solutions and integration with traditional financial systems.
Source (3.2)https://cryptobriefing.com/bny-forecasts-stablecoins-tokenized-cash-3-6t-2030/?rand=59535
