Stablecoin volumes to reach $719T by 2035

Stablecoin transaction volumes are projected to reach $719 trillion by 2035, driven by a generational wealth transfer to crypto-native users and increasing payment volumes. Despite moving over $35 trillion on blockchains last year, stablecoins currently represent a small fraction of global payments, indicating substantial growth potential. Blockchain research firm Chainalysis anticipates onchain stablecoin payments could rival Visa and Mastercard by 2039. This shift is fueled by younger generations' preference for faster, cheaper, and programmable transactions, positioning stablecoins as a foundational layer of global finance and a direct competitor to traditional payment networks.