#数字资产市场动态 How will the stablecoin ecosystem evolve in 2026? Galaxy has recently made 5 bold predictions, and taking a closer look is quite interesting.

First, regarding trading volume. This year, the transaction volume of stablecoins is estimated to reach 46 to 53 trillion USD, which sounds impressive, but still falls short of ACH (the US dollar clearing system) at 90 trillion USD. However, the trend is clear — the share of on-chain settlement by stablecoins is gradually encroaching on traditional finance territory.

On the institutional cooperation front, a noticeable differentiation is expected. Stablecoin projects backed by large financial institutions will see resources increasingly concentrated, and only a few leading players may survive in the end.

Even more interesting is the tokenization of assets as collateral. Traditional financial giants like JPMorgan and BlackRock are already testing the waters — using tokenized money market funds as collateral. What does this indicate? It shows that big banks and major brokers are starting to take this new logic seriously. This trend is likely to accelerate in 2026.

There’s also the story of cross-border settlement. Card organizations like Visa may handle international transactions through public chain stablecoins, with their share expected to surpass 10%. If this happens, it will be a significant blow to traditional cross-border payment systems.

The last point is stablecoin lending. The forecast is that annualized yields will stabilize below 10%. Don’t expect to continue reaping high-interest dividends; the market is becoming more rational.

Overall, in 2026, the stablecoin and RWA ecosystems may enter a phase of quality optimization — transitioning from wild growth to refined operation.