Stablecoins could transform small and medium-sized business payments by 2025, shifting focus from trading to real-world applications, predicts Dragonfly Capital's Haseeb Qureshi.
Growth of Stablecoin Use
By 2025, stablecoins could become a crucial tool for small and medium-sized businesses due to their efficiency and accessibility compared to traditional payment systems. Haseeb Qureshi believes the US could introduce bank-issued stablecoins by year-end, without disrupting major issuers like Tether.
Crypto Industry Predictions for 2025
Qureshi predicts stablecoins will reshape transaction handling methods, a viewpoint supported by Citi Wealth strategists. They consider that stablecoins could reinforce the US dollar's dominance, with transaction volumes reaching record highs.
New Market Opportunities for Stablecoins
Pantera Capital labels stablecoins as a 'trillion-dollar opportunity', noting their transaction share grew from 3% in 2020 to over 50%. Beyond stablecoins, Qureshi anticipates cryptocurrency shifts, including a blend of layer-1 and layer-2 networks, and a shift in tokenomics trends.
As stablecoins gain traction, the cryptocurrency market is experiencing significant changes. Qureshi's 2025 predictions foresee the adoption of faster, more versatile systems and the strengthening of stablecoins, which could radically change business transaction approaches.