A new report from Chainalysis has made waves in the cryptocurrency space with its predictions for stablecoin economic activity.
The report forecasts that inflation-adjusted stablecoin transaction volume could rise from $28 trillion in 2025 to a staggering $719 trillion by 2035, and potentially as high as $1.5 quadrillion depending on the macroeconomic environment.
This growth is expected to be driven by a number of factors, including a roughly $100 trillion global wealth transfer beginning in 2028, which could lead to increased demand for stablecoins. Additionally, millennials and Generation Z are reportedly more receptive to digital assets than older generations, which could also contribute to the rise of stablecoin adoption.
The report also projects that stablecoin payment processing volume could approach the scale of traditional payment networks such as Visa between 2031 and 2039, potentially making them a major player in the financial industry.