Analysts at Standard Chartered and Zodia Markets predict significant growth in the stablecoin sector, which could become comparable to 10% of the total volume of transactions with the money supply M2.
“Currently, stablecoins are equivalent in size to only 1% of M2 transactions in the US and just 1% of foreign exchange market operations. However, as the sector gains legitimacy, it is possible to approach 10% for each of these indicators,” stated Standard Chartered researcher Jeff Kendrick.
Experts believe that a key growth factor will be the elimination of regulatory uncertainty in the industry, as well as the “potential for significant progress” under the Trump administration.
Analysts also highlighted the limitations of the modern global financial infrastructure. In particular, the SWIFT system has operated without significant changes since the introduction of real-time gross settlement (RTGS) systems in the early 1990s.
“The model essentially represents a first-in, first-out queue,” the analysts noted.
Meanwhile, the range of stablecoin applications continues to expand: they are used not only as collateral for trading but also for cross-border payments, salary disbursements, and many other financial operations.
Earlier, the total capitalization of stablecoins reached $191.5 billion, setting a new ATH after the collapse of Terra’s UST in May 2022.