Stablecoins: From a Crypto Liquidity Tool to Global “Digital Dollar” Infrastructure

Stablecoins are rapidly evolving from a crypto liquidity tool into core digital dollar infrastructure. Growing at a ~65% CAGR since 2021, the market has reached ~$280 billion today and is projected to scale toward ~$2 trillion by 2030. Already accounting for over ~41% of total crypto transaction volumes, stablecoins combine instant settlement, global efficiency, programmability, and yield-generation potential, reshaping how value moves, settles, and compounds in a digital-first global economy.