By 2030, all currencies will be represented as “stablecoins”, according to a forecast by Reeve Collins, a co-founder of Tether, as reported by Cointelegraph.
The expert believes stablecoins will become the primary tool for transactions due to the advantages of tokenized assets, which are increasingly attracting the attention of traditional institutions.
The Tether co-founder noted that they offer much greater transparency and efficiency, as they can be moved instantly around the world without intermediaries, enhancing profitability.
Catalyst for Change
Collins emphasized that the softening of the stance of the United States towards the crypto industry in 2025 was a significant event for the market.
Previously, TradFi structures avoided blockchain technologies due to fears of regulatory restrictions. According to the expert, the situation has now changed dramatically.
Banks and large institutions are actively creating their own stablecoins. They are attracted not only by profit but also by a more efficient way of conducting transactions.
The difference between CeFi and DeFi will no longer exist, the entrepreneur explained. Applications are emerging that move money, issue loans, and offer investments. Traditional and decentralized approaches will merge.
Potential Risks
Collins acknowledged that the full transition of TradFi to blockchain is fraught with risks. Key issues remain hacking attacks and social engineering. However, he emphasized that the level of security in the industry is constantly improving.
“The traditional dilemma remains: if you want full control over your assets, it is possible but technically challenging. If you prefer to trust a third party, there are many such services. They will become more reliable, and people will have more options,” concluded the expert.
In September, Tether introduced a dollar-backed stablecoin for the U.S. market.