Stablecoins surpass $9 trillion, becoming the new favorite for institutional settlements by 2025

【ChainWen】The role of stablecoins is rapidly evolving. From once being a small tool in the crypto space to now gradually becoming the infrastructure of the entire financial system—this is not an exaggeration.

According to the latest data, the on-chain settlement volume of stablecoins is expected to reach $9 trillion by 2025, an increase of about 87% compared to last year. This growth rate is quite high. Why is the increase so rapid? Because banks, asset management companies, and trading venues are starting to take stablecoins seriously. They no longer see stablecoins as marginal products but as “digital cash” used for liquidity management, collateral transfer, and daily settlements.

More importantly, the entire industry is entering the tokenized finance era. Bond tokenization, fund tokenization, credit product tokenization… traditional finance is accelerating its move onto the blockchain. To support this transformation, major institutions are building infrastructure—blockchain settlement networks, tokenization trading platforms, digital custody systems. How significant are these investments? By 2030, the digital finance and infrastructure sector is expected to attract over $300 billion in investment.

But there is a prerequisite: stablecoins must be secure and stable enough. If security cannot keep up, they are not suitable for institutional settlement assets and may instead become new sources of systemic risk. Therefore, interoperability, governance transparency, and regulatory frameworks are just as important as the technology itself. For stablecoins to truly enter mainstream finance, these infrastructures must be secured first.