International stablecoin payments between businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report.
That figure would be 373 times greater than the total estimated value of $13.4 this year.
“Stablecoins are increasingly integrated into cross-border business-to-business (B2B) transactions, treasury operations and supply chain settlements, where their programmability and 24/7 settlement finality offer advantages over correspondent banking rails,” the research firm said, adding that they are “causing disruptions to correspondent banking channels.”
Juniper said the growth is driven by stablecoins that increasingly address current inefficiencies within cross-border payments that traditional finance handles.
The firm estimates that 85% of the total value of stablecoin transactions in 2035 will come from B2B, and that fiat-pegged cryptocurrencies will go from a speculative asset to a fundamental layer of institutional payment infrastructure.
Stablecoins are increasingly integrated into international business-to-business payments, treasury operations and supply chain settlements, because their rapid 24/7 settlement purpose offers advantages over correspondent banking rails, the firm said.
“Stablecoins are not replacing payments infrastructure; they are being adopted where the benefits are most pronounced,” said Juniper research analyst Jawad Jahan. “Cross-border B2B is where those advantages are greatest and where we expect the most sustained volume growth over the forecast period.”
He suggested that stablecoin issuers should focus on enterprise integrations and treasury partnerships to capture the majority of this value.
Earlier this month, Chainalysis said stablecoins were on track to become a fundamental layer of global finance, with adjusted transaction volumes projected to reach $719 trillion by 2035. The blockchain intelligence firm also said that when cryptocurrencies become the default choice for the next generation, “the question is no longer whether stablecoins compete with traditional rails, but how quickly they replace them.”
