Moody's Releases 2026 Outlook: Stablecoins Progressing Towards "Digital Cash"

Odaily Moody's has released its 2026 cross-industry outlook report, which notes that stablecoins are transitioning from native cryptocurrency tools to a core component of institutional market infrastructure. Moody's believes that in an increasingly tokenized financial system, fiat-backed stablecoins and tokenized deposits are evolving into "digital cash" used for liquidity management, collateral transfer, and settlement. Banks, asset managers, and market infrastructure providers have already initiated pilot projects for blockchain settlement networks, tokenization platforms, and digital custody, aiming to streamline issuance, post-trade processes, and intraday liquidity management. By 2030, as companies build pathways for large-scale tokenization and programmable settlement, investment in the digital finance and infrastructure space could exceed $300 billion. (Cointelegraph)