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Tag: #chainalysis · 3 posts
Posted Apr 12
🚀 Treasury Secretary Advocates for Clarity Act Amid Rising Stablecoin Transactions Treasury Secretary Scott Bessent has called on Congress to approve the Clarity Act, highlighting the growing significance of stablecoin transactions. According to NS3.AI, a report by Chainalysis projects that stablecoin transaction volume could escalate to $1.5 quadrillion by 2035, up from $28 trillion last year. The likelihood of the bill passing this year has increased, with Polymarket odds rising to nearly 70% from 50% earlier this week. Senate Banking Committee members are reportedly preparing to hold a hearing to vote on the bill before the month's end. #TreasurySecretary#ClarityAct#Stablecoin#StablecoinTransactions#ScottBessent#Congress#Chainalysis#Polymarket#SenateBankingCommittee#Blockchain#Cryptocurrency
Posted Apr 12
🚀 Stablecoin Transaction Volume Projected to Surge by 2035 Chainalysis has projected a significant increase in the inflation-adjusted real economic transaction volume of stablecoins, estimating a rise from $28 trillion in 2025 to $719 trillion by 2035. According to NS3.AI, this growth could see stablecoin payment processing volumes reaching parity with Visa between 2031 and 2039. #Stablecoin#TransactionVolume#Crypto#Blockchain#Finance#PaymentProcessing#Visa#EconomicGrowth#NS3AI#Chainalysis
Posted Apr 9
🚀 Chainalysis Predicts Stablecoin Volume Could Reach $1.5 Quadrillion by 2035 Chainalysis has projected that the adjusted stablecoin volume could reach $719 trillion by 2035 through organic growth. According to NS3.AI, this figure could approach $1.5 quadrillion if two catalysts come into play. Chainalysis noted that this ceiling-case scenario would surpass the current estimated $1 quadrillion in global cross-border payments. #Stablecoin#Cryptocurrency#Blockchain#Finance#DigitalAssets#GlobalPayments#CryptoMarket#Chainalysis