Binance co-founder Changpeng Zhao (CZ) envisions blockchain and cryptocurrencies becoming as commonplace as the internet by 2031. He anticipates the hype surrounding the technology will subside as it integrates into daily life, similar to how the internet, TCP/IP, and JavaScript are no longer discussed but simply used.
Optimism for crypto's future is widespread. ARK Invest's Cathie Wood projected the digital assets market could reach $28 trillion by 2030. Tether co-founder Reeve Collins expects all currencies to transform into stablecoins within the same timeframe. Blockchain analysis firm Chainalysis estimates stablecoin volumes could hit $1.5 quadrillion by 2035. A Citi survey indicated that tokenized securities and stablecoins may account for one-tenth of global post-trade market turnover in five years. Zhao also believes Artificial Intelligence can accelerate blockchain adoption and growth.