Stablecoin volumes to reach $719T by 2035 as generational wealth shift speeds up crypto adoption
Massive transfer of wealth to younger, crypto-native users and rising payment volumes challenge dominance of Visa and Mastercard
What to know:
Stablecoins
could become a core layer of global finance, with adjusted transaction
volumes projected by Chainalysis to reach $719 trillion by 2035.Despite
moving more than $35 trillion on blockchains last year, stablecoins
still account for just a tiny fraction of global payments, leaving
significant room for growth.Chainalysis expects onchain
stablecoin payments to rival Visa and Mastercard volumes by 2039, driven
by younger generations’ crypto adoption and the appeal of faster,
cheaper, programmable transactions.