Tianfeng Securities: The stablecoin market size has surged, reconstructing a new paradigm for cross-border payments.

Jin10 Data reported on June 18 that Tianfeng Securities research has stated that stablecoins are upgrading from "connectors" of crypto assets to new infrastructure for global payments. Under the wave of compliance, incremental funds and scenarios are expected to rise rapidly. It is estimated that by February 2025, the global supply of stablecoins will reach $214 billion, with over 30 million active on-chain addresses. The scale of stablecoins is growing exponentially, reconstructing the new paradigm of cross-border payments, with diversified application scenarios, including cross-border payments, corporate salary payments, and U.S. Treasury collateral settlements. At the same time, policy catalysts are assisting the development of stablecoins, with the breaking of regulatory deadlocks in Hong Kong and the U.S. opening up incremental ceilings. In terms of market space, Citibank predicts that the scale of stablecoins will reach $1.6-3.7 trillion by 2030.