Chainalysis expects stablecoin transaction volume could reach $1.5 quadrillion by 2035.

Chainalysis: Stablecoin Volume Could Hit $1.5 Quadrillion by 2035

Stablecoin transaction volume could reach as high as $1.5 quadrillion by 2035, according to a new Chainalysis report. Even under a baseline growth scenario, adjusted stablecoin volume would hit $719 trillion by then. Add in macro catalysts like demographic shifts and merchant adoption, and the ceiling rises sharply.

The report said stablecoins processed roughly $28 trillion in "real economic activity" in 2025. That figure strips out noise, counting only payments, remittances, and settlements. Two big drivers: an estimated $100 trillion in wealth shifting from older generations to millennials and Gen Z between 2028 and 2048—groups far more comfortable with digital assets—and deeper integration of stablecoins into merchant checkout and back-end payment systems, where users no longer notice the underlying crypto tech. Chainalysis expects stablecoin payment volumes to match those of Visa and Mastercard sometime between 2031 and 2039.