Blockchain firm Chainalysis projects stablecoin transaction volume could reach a staggering $1.5 quadrillion by 2035, exceeding today’s global cross-border payment volume. The firm’s report outlines an organic growth path to $719 trillion, which could double with major catalysts like a generational wealth transfer and the dominance of stablecoin payment rails.
A new analysis projects a monumental future for stablecoin transaction volume. Chainalysis estimates adjusted volume could hit $719 trillion by 2035 through organic growth alone.
This figure could double to approach $1.5 quadrillion with two major catalysts. The firm said this would surpass the estimated $1 trillion in current global cross-border payments.
The projection suggests the stablecoin industry may be extremely undervalued. The estimated annual volume of cross-border remittances was only $905 billion in 2024.
Achieving the $719 trillion figure requires a sustained high growth rate. It would need a compound annual growth rate of 133% for the next decade.
Crypto analyst Rachael Lucas acknowledged $1.5 quadrillion is a ceiling-case scenario. She noted volume measures transaction flow, not the total amount of money existing.
“The infrastructure is being built right now,” Lucas stated. “Add regulatory clarity from the GENIUS Act, and institutional participation can scale in ways that simply were not possible before.”
She highlighted a pivotal demographic shift driving adoption. “The generational wealth transfer will do the rest,” she said.
A survey found 40% of Gen Z and 36% of Millennials plan to increase crypto activity this year. Only 11% of Baby Boomers shared that intention.
Stablecoins are frequently cited as a major driver of broader crypto adoption. A report by EY-Parthenon found 13% of financial institutions globally already use them.
Furthermore, 54% of non-user institutions expect to adopt stablecoins within 12 months. This indicates significant potential for near-term institutional uptake.
