Polygon’s Aishwary Gupta predicts a stablecoin surge with over 100,000 issuers in five years, driven by banks and sovereigns on the global stage.
The projection signifies a potential reshaping of banking and digital assets, prompting widespread competition and innovation in maintaining liquidity on-chain.
Aishwary Gupta, from Polygon Labs, predicts a “super cycle” with over 100,000 stablecoin issuers in five years, citing the increased role of banks and sovereign entities in on-chain liquidity. This forecast is part of a conceptual, long-term outlook.
“Stablecoins worldwide are entering a ‘super cycle.’ We could see more than 100,000 issuers globally in the next five years, forcing banks to issue their own on-chain deposit tokens to remain competitive and keep liquidity on their balance sheets.” (Source)
Banks to Adapt with On-Chain Deposit Tokens
Gupta’s prediction suggests a future where stablecoins become a dominant facet of banking. The expected response involves banks developing on-chain deposit tokens, maintaining liquidity and relevance against cryptocurrency advancements, with likely adaptations via banking regulations. For further insights on the projected growth in stablecoins, visit this link.
Potential outcomes span financial, technological, and regulatory aspects. The implementation of deposit tokens may bolster competitive markets. Historical trends, such as stablecoin proliferation and financial infrastructure evolution, underline these projections, providing context to this transformative vision.
Stablecoin Ecosystem: Historical Growth Patterns
The forecast echoes past stablecoin growth narratives, similar to the USDC and USDT expansions. While no precise occurrences have mirrored the 100,000 issuer prediction, trends indicate feasible enlargement within stablecoin ecosystems and banking collaborations.
Expert analysis from Kanalcoin highlights stablecoins and tokenized real-world assets as components of future financial infrastructure. Predictive insights reflect historical growth in stablecoin ecosystems, emphasizing a sustained shift towards digitized asset management across banking sectors.
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