Tianfeng Securities: Stablecoins market size jumps, restructuring new paradigm for cross-border payments

According to a research report by Tianfeng Securities, stablecoins are upgrading from being a "connector" for encrypted assets to a new global payment infrastructure, and incremental funds and scenarios are expected to rapidly rise under the wave of compliance. It is expected that the global supply of stablecoins will reach $214 billion by February 2025, with over 30 million active addresses on the chain. The scale of stablecoins is growing exponentially, reconstructing a new paradigm for cross-border payments, and diversifying application scenarios, including cross-border payments, enterprise salary payments, and US bond mortgage settlements. At the same time, policy catalysis has helped promote the development of stablecoins, and the breaking of regulatory barriers in the US and Hong Kong has opened up the ceiling for incremental growth. In terms of market space, Citigroup predicts that the size of stablecoins will reach $1.6-3.7 trillion by 2030.