Stablecoin transaction volumes are projected to reach a significant milestone in the coming decades. According to a recent analysis by Chainalysis, these volumes could hit $719 trillion by 2035. This growth is attributed to two key factors: the wealth transfer from Baby Boomers to Millennials and Gen Z, and the increasing acceptance of cryptocurrency in point-of-sale terminals.
The estimated value of assets transferred between generations is substantial, ranging from $80 trillion to $100 trillion over the coming decades. As more individuals from younger generations hold or have held cryptocurrency, this trend is expected to continue. In fact, nearly half of Millennials and Gen Z have held or currently hold crypto, according to a 2025 Gemini survey cited by Chainalysis.
The integration of stablecoins into merchant services represents a significant shift in the way payments are made. As more merchants accept stablecoins, paying with cryptocurrency becomes a default choice rather than a deliberate decision. This trend is driven by the increasing utility of stablecoins in everyday commerce, making them an essential part of on-chain payment infrastructure.