Stablecoin Payments Projected to Reach $850 Billion by 2030

According to PANews, recent data from OKG Research reveals that stablecoin payments have reached an annual settlement volume of $50.8 billion as of 2024. This figure represents 7.3% of the global personal cross-border remittance market, which is approximately $696 billion. The report highlights that stablecoin payments have maintained an annual growth rate exceeding 60% for two consecutive years. The advantages of low fees, real-time settlement, and round-the-clock availability are gradually positioning blockchain-based payments as a viable alternative to traditional cross-border remittance channels. OKG Research anticipates that if the current growth rate persists, the scale of stablecoin cross-border settlements could surpass $850 billion by 2030.