Billions to Trillions: Stablecoin Use-cases Poised to Expand the Market

Below is a summarized version of The Block Research's Billions to Trillions: Stablecoin Use-cases Poised to Expand the Market report. The full PDF version of this report is accessible here .

The interconnected global financial system is undergoing a fundamental transformation. Stablecoins , once limited to facilitating crypto trading, have evolved into a versatile medium for value transfer, settlement, and liquidity management, addressing long-standing inefficiencies in traditional finance. Standard Chartered forecasts that the stablecoin market cap could grow tenfold by the end of 2028, driven by the emergence of alternative use cases.

Enterprises are increasingly evaluating stablecoins as operational tools to streamline cross-border payments, enhance the efficiency of treasury management, and unlock new financial opportunities. This shift reflects broader demands for faster, lower-cost settlement and more agile liquidity management in the corporate world.

The appeal of stablecoins lies in their hybrid nature: they combine the stability of fiat currencies with the efficiency and programmability of blockchain networks. For corporations, they offer a compelling alternative to slow and expensive legacy banking infrastructure. 

As regulatory clarity improves and corresponding infrastructure matures, stablecoins are well-positioned to serve as foundational instruments across a growing range of financial activities, from supply chain finance to institutional securities clearing. 

This report examines how enterprises are leveraging stablecoins to address real-world frictions in global finance and highlights key barriers that must be overcome for stablecoins to achieve mainstream adoption.