Stablecoin trading volume could surge to an astonishing $1.5 quadrillion annually by 2035, potentially eclipsing traditional payment networks, according to a new report from Chainalysis.
The blockchain analytics firm forecasts that even without significant new catalysts, adjusted stablecoin volume will reach $719 trillion based on current growth. This figure could more than double, driven by two major macro shifts.
First, a substantial intergenerational wealth transfer between 2028 and 2048 is expected to move $100 trillion from Baby Boomers to Millennials and Gen Z, demographics that show a higher propensity for cryptocurrency adoption. This demographic shift alone could inject $508 trillion into annual stablecoin transactions by 2035.
Second, widespread point-of-sale integration is projected to contribute another $232 trillion annually as stablecoins become integrated into everyday commerce. Regulatory momentum, exemplified by the GENIUS Act, further signals U.S. policymakers' serious engagement with stablecoin infrastructure.
Major financial players are already positioning for this future. Acquisitions by Stripe and Mastercard of stablecoin-focused firms underscore the recognition of stablecoins as inevitable payment infrastructure. Current data shows stablecoins processed $28 trillion in economic volume in 2025, with adjusted volume growing at a 133% compound annual rate since 2023. At this pace, stablecoin payment volumes could rival Visa and Mastercard's combined off-chain transactions within the next decade.