Chainalysis Predicts Stablecoin Annual Transaction Volume to Reach $150 Trillion by 2035

Odaily News Chainalysis released a report stating that stablecoins facilitated $28 trillion in real economic activity in 2025, with a compound annual growth rate (CAGR) of 133% over the past three years. If this baseline growth rate is maintained, transaction volume could reach $719 trillion by 2035.

After further incorporating two macroeconomic factors, the report revised its forecast upward to $150 trillion. The first factor is generational wealth transfer. Approximately $100 trillion is expected to transfer from the Baby Boomer generation to Millennials and Gen Z between 2028 and 2048. Chainalysis estimates this factor alone could add $508 trillion to the annual stablecoin transaction volume by 2035. The second factor is infrastructure expansion, where stablecoin payments are integrated into point-of-sale systems for offline merchants and e-commerce, which is projected to add an extra $232 trillion in annual transaction volume.

The report points out that if this prediction materializes, stablecoin transaction volume would exceed the total value of global real estate, listed stocks, and government bonds. The number of transactions could match those of Visa and Mastercard by the mid-2030s. Standard Chartered Bank previously estimated that the stablecoin market capitalization would grow to $2 trillion by 2028. The current total stablecoin market cap is approximately $317 billion. However, this forecast is based on relatively aggressive assumptions, including widespread adoption of stablecoins for daily payments by younger generations and the ability to sustain a 133% annual growth rate for a decade.