Financial services giant BNY predicts that stablecoins and tokenized cash could grow to $3.6 trillion by 2030. In its new report, BNY said stablecoins alone could reach a $1.5 trillion market cap, with tokenized deposits and money market funds making up the rest.
The report highlighted that digital cash equivalents can reduce settlement times and improve liquidity. Regulation remains key, with global progress under the EU’s MiCA and U.S. policy work expected to support institutional adoption. BNY’s Carolyn Weinberg said the shift could transform global capital markets.
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