Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise

CoinTelegraph4h agoUpdated 2h ago
Stablecoin adoption to scale on back of ‘very large’ tech firms: Bitwise
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Bitwise's Matt Hougan predicts stablecoins could reach $4 trillion by 2030 if major tech firms accelerate adoption. Meta and DoorDash's recent stablecoin payment pilots signal mainstream potential, offering cheaper, faster global transactions without banking infrastructure. Current stablecoin market sits at $318 billion. US regulatory clarity from the GENIUS Act supports expansion, though banking groups resist competitive threats.

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