Stablecoin transaction volumes projected to hit $719 trillion by 2035
- Stablecoins are expected to facilitate adjusted transaction volumes of $719 trillion by 2035.
- In the previous year, stablecoins moved over $35 trillion on blockchain networks, with only about 1% used for real-world payments.
- A generational wealth transfer of up to $100 trillion is anticipated from Baby Boomers to Millennials and Gen Z, driving crypto adoption.
- Current trends indicate that onchain payments could match Visa and Mastercard’s transaction volumes by no later than 2039.
- Stablecoins offer near-instant settlement and programmable transactions, enhancing efficiency in remittances and business payments.
The growth of stablecoins as a foundational layer in global finance is underscored by their projected transaction volume reaching $719 trillion by the year 2035. This shift is largely driven by younger generations embracing digital assets as default financial instruments.
As stablecoin adoption increases, their transaction volumes could rival those of traditional payment networks like Visa and Mastercard by 2039, fundamentally altering the landscape of global finance.(Source)
