A report from blockchain analytics firm Chainalysis has projected that adjusted stablecoin economic volume could reach $719 trillion by 2035.
The forecast, based on a 133% compound annual growth rate since 2023, positions stablecoins as a potential backbone of global payments infrastructure over the next decade. The report centers on adjusted stablecoin volume rather than market capitalization or circulating supply, which strips out bot activity, wash trading, and internal transfers to measure real economic throughput moving through stablecoin rails.
Chainalysis noted that adjusted stablecoin volume reached $28 trillion in real economic activity in 2025, growing at a 133% CAGR since 2023. The $719 trillion baseline assumes that organic growth rate continues without major new catalysts.