Bitwise Says Tech Giants Could Drive Stablecoin Adoption, Market Could Reach $4 Trillion by 2030

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.

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.

Stablecoins maintain price stability by pegging their value to assets such as the US dollar. Their use has gradually expanded beyond crypto trading into cross-border remittances, corporate settlement and everyday payments. Chainalysis believes that if adoption continues to rise, stablecoins could exceed the current scale of global cross-border payments by 2035 and become the default payment infrastructure.

Chainalysis’ latest forecast says stablecoin transaction volumes could reach $1.5 quadrillion by 2035, driven by organic growth, maturing regulatory frameworks and an intergenerational wealth transfer. Separate reports cited a $719 trillion estimate, reflecting differences in methodology and growth scenarios, but both point to a sharp expansion in transaction volumes over the next decade.

Stablecoins maintain a steady value through backing by fiat currencies and other assets, combining round-the-clock blockchain settlement with efficient cross-border payments. They are gradually evolving from crypto trading instruments into corporate treasury tools. Ripple launched its U.S. dollar stablecoin, RLUSD, in December 2024, aiming to make payments a gateway for businesses adopting blockchain services.

Ripple CEO Brad Garlinghouse said on March 27, 2026, that stablecoins were poised for a “ChatGPT moment” in the business world. Stablecoin transaction volume exceeded $33 trillion in 2025, with nearly 90% coming from USDT and USDC. Bloomberg Intelligence expects the related payment flows to grow at a compound annual rate of 80%, reaching $56.6 trillion by 2030.