Circle CEO Jeremy Allaire predicts stablecoins could capture 5%-10% of the global money supply over the next decade, estimating a market growth to $5-$10 trillion as digital money adoption increases. Allaire anticipates significant regulatory developments for stablecoins globally, particularly among G20 countries and emerging markets, by the end of 2025. This technology is seen as crucial in integrating with traditional financial systems, especially in regions with underdeveloped banking infrastructures. Currently, the stablecoin market has a cap of around $170 billion, with USDC being the second-largest stablecoin, reaching approximately $35 billion since its launch. Notably, USDC is gaining traction in emerging markets for use in cross-border payments, with practical examples including significant transactions facilitated by USDC. Overall, Allaire emphasizes that the next year will be pivotal for stablecoin regulations and their adoption worldwide.

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