The Empire newsletter discusses predictions for the year 2030 made by ParaFi in their recent podcast episode. The first prediction is that tokenized real-world assets (RWAs) will surpass the overall value of digital assets. Currently, the total value of RWAs, excluding stablecoins, is around $13.5 billion, while the total crypto market cap is around $3.4 trillion. However, RWAs have seen significant growth, increasing over 50% in the past year alone. ParaFi believes that tokenization offers the opportunity to revamp the financial system and reduce the reliance on intermediaries like lawyers and trustees. The second prediction is that stablecoins will reach 10% of M2 money supply in the US by 2030. Currently, stablecoins make up 1% of M2, which is valued at $21 trillion. Stablecoins have become a popular form of payment rails globally, and the potential for fintech companies to incorporate them is significant. The report also highlights the increasing transfer volume of stablecoins, which has grown by 235% year-to-date. Overall, the predictions for both tokenized RWAs and stablecoins are optimistic and suggest continued growth in the years to come.
- Content Editor ( blockworks.co )
- 2024-11-28
ParaFi makes 2 big predictions for 2030