Stablecoins have muscled their way from a rounding error in global finance to a $273 billion market.
But there’s more to come in the next five years, according to analysts at Keyrock, a crypto investment company, and Bitso, a South American cryptocurrency exchange. They argue that stablecoins will soon account for $1 out of every $8 in cross-border payment transactions.
“Assuming today’s challenges around regulation, liquidity, and interoperability are addressed, stablecoins could account for [about] 12% of global cross-border payment volumes by 2030,” the joint Keyrock and Bitso report said.
That’s a lofty target for stablecoins. In 2024, they accounted for less than 3% of the $195 billion global remittance market. But the analysts predict that stablecoin payment volume could reach $1 trillion by 2030.
The analysts highlighted a simple formula for stablecoins reaching that goal: more clarity, more players, and better liquidity integration.
And some of those ingredients are already in the mix.