BNY Mellon Forecasts $3.6 Trillion Stablecoin and Tokenized Cash Market by 2030
BNY Mellon projects the combined market for stablecoins and tokenized cash could surge to $3.6 trillion by 2030, driven by institutional adoption and regulatory advancements. Stablecoins alone may account for $1.5 trillion, while tokenized deposits and money market funds could reach $2.1 trillion.
Financial institutions increasingly favor stablecoins for large transactions, bypassing traditional banking delays. Tokenized deposits offer faster settlements, reduced errors, and enhanced traceability. Tokenized money market funds enable seamless transfers across accounts and markets, optimizing liquidity management.
Both innovations mitigate counterparty risk, ensuring more secure transactions. The report underscores a paradigm shift as blockchain-based solutions redefine efficiency in global finance.
