Stablecoin Transactions Projected to Reach $1.5 Quadrillion by 2035

Chainalysis has released a report predicting a significant increase in stablecoin transactions by 2035. According to the firm, these transactions are expected to reach $1.5 quadrillion, a figure that would surpass current estimates of global cross-border payments volumes.

The estimate is based on several factors, including the transfer of wealth from baby boomers to younger generations and sustained compound annual growth. The report suggests that this shift could boost crypto asset adoption and lead to a major transition towards on-chain payment systems.

Chainalysis notes that stablecoins are frequently cited as a major driver of crypto adoption. A recent report by EY-Parthenon found that 13% of financial institutions use stablecoins, and 54% of non-crypto users are expected to adopt digital assets within the next 12-14 months.

This trend is already being seen in India, where Gen Z investors make up a significant share of cryptocurrency futures traders. According to a study, these young traders have improved awareness of risk management and trading strategies.