Chainalysis Projects Stablecoin Volume Reaching $719 Trillion by 2035, With Upside Near $1.5 Quadrillion

Overview

• Chainalysis, in projections reported Sunday, said stablecoin transactions could grow from last year’s $28 trillion to $719 trillion by 2035, with an upside case near $1.5 quadrillion.
• A planned shift of up to $100 trillion in wealth to Millennials and Gen Z, who are more likely to use crypto, could add an estimated $508 trillion to yearly stablecoin activity by 2035.
• Broad point‑of‑sale use by retailers could add another $232 trillion in annual volume by 2035, as everyday checkout payments move onto on‑chain rails.
• Treasury Secretary Scott Bessent urged Congress to pass the Clarity Act after the projections drew wide attention, and reports say the Senate Banking Committee aims to hold a hearing and vote before April ends.
• The report describes dollar‑pegged stablecoins as fast, borderless settlement rails for payments, remittances, and corporate treasury, which could steer flows away from legacy networks if adoption continues.