BNY forecasts stablecoins and tokenized cash to reach $3.6T by 2030

BNY forecasts that the market for stablecoins and tokenized cash will reach $3.6 trillion by 2030, driven by increasing institutional adoption and the integration of blockchain technology. This projection highlights the growing significance of digital currencies in the financial landscape, suggesting a shift towards more stable and regulated forms of digital money as traditional financial systems evolve.