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Stablecoins are on track to become foundational for global finance, according to Nikil Viswanathan. Referencing findings from blockchain analytics firm Chainalysis, Viswanathan noted that stablecoin transaction volumes could reach $1.5 quadrillion per year by 2035. As these digital assets increase in scale and adoption, banks worldwide are seeking to position themselves as key gateways for stablecoin flows. The rapid expansion in stablecoin use may reinforce their role as critical infrastructure in the evolving financial system.
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Viswanathan has previously highlighted advances in financial technology. He congratulated Carlos Domingo and Securitize for their role in advancing innovation in the finance sector. These initiatives form part of an ongoing push toward modernizing financial infrastructure.