BNY Mellon Forecasts $3.​6T Stablecoin and Tokenized Cash Market by 2030

šŸ’° BNY's Bold Prediction

By ONINO Contact Book
Nov 20, 2025, 3:38 PM
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Major institutional adoption accelerates as traditional finance embraces tokenization.​

BNY Mellon projects massive growth:

  • Stablecoins reaching ~$1.​5T
  • Tokenized deposits and MMFs hitting ~$2.​1T
  • Total market: $3.​6T by 2030

Key drivers include:

  • Faster settlement times
  • Lower counterparty risk
  • Better liquidity management

Switzerland leads regulatory clarity with new stablecoin licensing framework.​ Consultation runs until February 2026.​

RWA market surges 410% to $32.​27B, with bonds showing 13.​6x growth.​ Hong Kong issues tokenized government bonds while US dominates Treasury MMFs.​

US Treasury explores stablecoins for managing $38T national debt.​ Market could reach $3T by decade's end under GENIUS Act framework.​

APAC adoption hits 535M users (24.​3% regional adoption).​ Nearly 20% use stablecoins for $72B yearly remittances.​

Alibaba launches tokenized payments with JPMorgan technology for faster cross-border B2B settlement.​

Sources

🧵 RWA - Last Week in Tokenization 1) šŸ‡ØšŸ‡­ Switzerland proposes new rules for stablecoins and crypto • New license classes in the Financial Institutions Act for payment-instrument and crypto institutions • Issuers must meet consumer protection, insolvency, and AML requirements

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