In 2025, adjusted stablecoin volume reached $28T in genuine economic activity. At current growth rates alone, that trajectory points to $719T by 2035. Two catalysts are set to push it higher: → The first is a generational wealth transfer of $80-100T to Millennials and Gen Z, groups where nearly half already hold or have held crypto. → The second is point-of-sale saturation. As more merchants accept stablecoins, paying with them stops being a deliberate choice and becomes default payment rails. With both in play, 2035 projections move closer to $1.5 quadrillion, above the scale of today's global cross-border payments. Volumes of that magnitude require settlement infrastructure built to the standards institutions and regulators already work within.