In 2019, the entire stablecoin market was worth less than $2 billion. By 2024, transaction volume reached $27.6 trillion, more than Visa and Mastercard processed combined. Market capitalization crossed $300 billion.
90% of financial institutions reported taking some action in the market: Planning, pilots, live deployments. Regulatory frameworks that stalled for years became law across the G7. Bank of America’s CEO declared entry into stablecoins a matter of “when, not if.”
The headlines write themselves:
“A new era in cross-border payments is upon us.”
