BNY Mellon: Stablecoins and tokenized cash could reach $3.6 trillion by 2030

A recent report from Bank of New York Mellon (BNY) states that by 2030, the market capitalization of stablecoins and tokenized cash may reach $3.6 trillion, with stablecoins accounting for an estimated $1.5 trillion and the remainder consisting of tokenized deposits and money market funds.