Stablecoin Volumes to Hit $719 Trillion by 2035, Challenging Card Networks
Stablecoin transaction volumes are projected to surge to $719 trillion by 2035, with last year’s volumes at $35 trillion and just 1% used for real-world payments. On-chain payment volumes could match Visa and Mastercard throughput by 2039, underscoring a potential competitive threat to traditional card networks.
1. Explosive Growth Projections
Industry analysis forecasts stablecoin transaction volumes will rise from $35 trillion last year to $719 trillion by 2035, driven by expanding use in cross-border transfers and everyday commerce.
2. Challenge to Card Networks
Current trends suggest on-chain payments could match Visa and Mastercard throughput by 2039, highlighting the potential for stablecoins to erode transaction fee income and processing revenues in traditional networks.
3. Adoption Catalysts
Generational wealth transfers totaling up to $100 trillion and growing merchant integration of programmable, 24/7 settlement systems are expected to accelerate stablecoin use in routine business and consumer payments.