A Chainalysis report states that stablecoins processed $28 trillion in real economic activity in 2025, representing a compound annual growth rate of 133% over the past three years. If this growth baseline is maintained, transaction volume could reach $719 trillion by 2035. The report further revised its forecast upwards to $1500 trillion by incorporating two macroeconomic factors. The first factor is intergenerational wealth transfer: approximately $100 trillion will shift from baby boomers to millennials and Gen Z between 2028 and 2048, which Chainalysis estimates could add $508 trillion to stablecoin annual transaction volume by 2035. The second factor is infrastructure expansion, with stablecoin payments being integrated into offline merchants and e-commerce sales terminals, expected to add an additional $232 trillion to annual transaction volume. The report notes that if this forecast materializes, stablecoin transaction volume will exceed the total value of global real estate, listed stocks, and government bonds, and the number of transactions could rival Visa and Mastercard by the mid-2030s. Standard Chartered previously estimated that the market capitalization of stablecoins would grow to $2 trillion by 2028, while the current total market capitalization of stablecoins is approximately $317 billion. However, this forecast is based on rather aggressive assumptions, including that the younger generation will use stablecoins extensively for daily payments and that a 133% annual growth rate can be maintained for ten years.