Polygon executive: Stablecoins may be entering a "supercycle," with the number of issuers potentially exceeding 100,000 in the next five years.

Aishwary Gupta, Global Head of Payments and Real-World Assets at Polygon, predicts that stablecoins will experience a "supercycle" as the global financial landscape shifts, with the number of issuers potentially surging to over 100,000 within the next five years. He believes this wave will force traditional banks to fundamentally restructure their capital management practices to avoid marginalization.