Summary
- Chainalysis said annual stablecoin transaction volume will reach $719 trillion by 2035 and could approach $1.5 quadrillion if macroeconomic catalysts are factored in.
- Chainalysis said stablecoin payment volume could match the off-chain transaction volume of Visa and Mastercard between 2031 and 2039, putting direct competitive pressure on existing payment networks.
- Chainalysis said a $100 trillion asset transfer between 2028 and 2048 could increase annual stablecoin transaction volume by $508 trillion by 2035 and could spur broader adoption of crypto assets.
Forecast Trend Report by Period
Annual stablecoin transaction volume is projected to approach $720 trillion by 2035, according to a new analysis.
Blockchain analytics firm Chainalysis said in an April 8 report that stablecoin volume could reach $719 trillion by 2035 through organic growth alone. With macroeconomic catalysts, that figure could approach $1.5 quadrillion.
Stablecoin payment volume could match the off-chain transaction volume of Visa and Mastercard between 2031 and 2039, the report said. That would put direct competitive pressure on existing payment networks.
Chainalysis highlighted demographic change as a key driver. The firm projected that about $100 trillion in assets will shift from baby boomers to millennials and Generation Z over a roughly 20-year period from 2028 to 2048.
Millennials and Gen Z are the generations most likely to use cryptocurrencies as a core financial tool, according to Chainalysis. Asset transfers driven by generational turnover alone could add $508 trillion to annual stablecoin transaction volume by 2035. The shift could also spur broader adoption across crypto assets, the firm added.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
