Stablecoins: Unlocking a Trillion-Dollar Future in Global Payments by 2030

Key Points

1. A report from Keyrock and Bitso projects stablecoins will handle $1 trillion in cross-border payments by 2030, up from under 3% in 2024.

2. Key drivers include advancements in market infrastructure, blockchain networks, and regulatory frameworks in regions like the U.S. and Europe.

3. Major companies like Tether and Circle, along with fintechs and traditional banks, are expanding their stablecoin offerings and infrastructure.

4. Stablecoins offer benefits such as faster settlements and increased transparency due to blockchain's immutable ledger.

5. Challenges include ensuring security, managing systemic risks, and achieving widespread user adoption.