Morph Predicts Stablecoins Will Capture 10% of Global Cross-Border Payments by 2030
Morph is an Ethereum Layer 2 project focused on increasing blockchain transaction speeds and reducing costs. Because stablecoins are typically pegged to fiat currencies such as the U.S. dollar, they can reduce exposure to crypto-asset volatility and are increasingly seen as an important tool for improving the efficiency of cross-border payments, remittances and settlement.
Morph’s latest forecast says stablecoins will capture 10% of the global cross-border payments market by 2030. Although the forecast does not provide a corresponding transaction value, the 10% penetration target suggests stablecoins could evolve from a medium for cryptocurrency trading into cross-border settlement infrastructure for companies and financial institutions.
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The history behind this eventJuniper Research Sees Cross-Border B2B Stablecoin Payments Reaching $5 Trillion by 2035
Stablecoins, once viewed mainly as tools for trading crypto assets, are increasingly being used for corporate payments and settlement by financial institutions. Juniper Research said they can reduce the time and cost of traditional cross-border transfers while supporting supply-chain payments, treasury management and international settlement, making them an important area of development in global B2B payment infrastructure.
Juniper Research’s latest report forecasts that cross-border B2B stablecoin payments will reach $5 trillion by 2035 and account for 85% of the value of all stablecoin transactions. The projection signals a shift in the market’s focus from speculative trading to institutional use, with stablecoins enabling businesses to make programmable cross-border payments and manage funds around the clock.
Stablecoin Market Grows Rapidly but Payments Account for Just 0.02% of Global Market, McKinsey Says
Stablecoins maintain their value through backing by assets such as the U.S. dollar and are often seen as a bridge between traditional finance and blockchain-based payments. McKinsey says their circulation has reached $300 billion, but actual payments account for just 0.02% of the global market, indicating that trading activity has yet to translate into widespread everyday use.
McKinsey estimates that the stablecoin market could exceed $3 trillion by 2030 and could reach $4 trillion under an optimistic scenario. Revolut, Tether and Circle each advanced related initiatives this week, reflecting intensifying competition among banks, fintech companies and crypto firms for issuance, settlement and payment channels.
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