The silent revolution: Stablecoins are quietly rewriting the rules of traditional finance | Opinion

Key Points

1. Global stablecoin transactions surpassed $27.6 trillion in 2024, with a market capitalization of $238 billion in 2025.

2. JP Morgan's JPM stablecoin processes $1 billion in daily transactions, prompting regulatory responses like the EU's MiCA framework.

3. The U.S. introduced the GENIUS Act to regulate stablecoins, with projections suggesting the stablecoin supply could grow from $230 billion to $2 trillion by 2028.

4. Standard Chartered estimates that stablecoin issuers could hold $1.2 trillion in U.S. treasuries by 2030, reflecting their growing financial role.

5. Mastercard's VP of blockchain noted that stablecoin usage is becoming so seamless that many users may not realize they are using them.