Chainalysis Projects Stablecoin Volume to Reach $719 Trillion by 2035

Treasury Secretary Scott Bessent says clear rules would keep the next wave of digital payments built in the U.S.. Chainalysis

Overview

Chainalysis says stablecoins handled $28 trillion in real economic transfers last year and could reach $719 trillion by 2035, with a higher case near $1.5 quadrillion if major tailwinds appear.
U.S. Treasury Secretary Scott Bessent urged Congress to pass the Clarity Act, and reports say the Senate Banking Committee plans a hearing and vote before April ends.
The forecast leans on a coming shift of about $100 trillion from Boomers to Millennials and Gen Z, which Chainalysis estimates could add $508 trillion in yearly stablecoin payments by 2035.
Broader use at retail checkouts could add another $232 trillion a year, and firms like Stripe and Mastercard are building stablecoin ties as on-chain payments challenge card networks.
Chainalysis uses an adjusted metric that strips bots, MEV, and liquidity moves, and it shows a 133% annual growth rate since 2023 driven by payments, remittances, and B2B settlement.