Tether Co-Founder Predicts All Currencies Will Become Stablecoins by 2030
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Meta Description: Tether co-founder Reeve Collins forecasts that all fiat currencies, including dollars, euros, and yen, will evolve into stablecoins running on blockchain by 2030. This prediction, shared at Token2049 in Singapore, highlights stablecoins’ role in merging traditional finance with DeFi for faster, transparent transactions.
Tether co-founder Reeve Collins has predicted that all currencies will be stablecoins by 2030, envisioning a future where fiat money like dollars, euros, and yen operates entirely on blockchain rails. Speaking at the Token2049 conference in Singapore on October 2, 2025, Collins described stablecoins as “traditional currency running on a blockchain,” emphasizing their potential to revolutionize global finance by enabling instantaneous, frictionless transfers without intermediaries. For crypto investors, fintech experts, and economists searching Tether co-founder stablecoins 2030, all currencies blockchain prediction, or stablecoin future finance 2025, Collins’ outlook aligns with the stablecoin market’s explosive growth—now at $300 billion and projected to hit $1.9 trillion by 2030—driven by institutional adoption and regulatory clarity under the Trump administration. He attributes the shift to stablecoins’ superior efficiency and the “floodgates” opened by recent US policy changes, including the GENIUS Act, which has encouraged banks and institutions to launch their own digital dollars.
Collins’ bold claim comes amid Tether’s own expansions, including a US-focused stablecoin and a potential $20 billion raise at $500 billion valuation.
Collins’ Vision: Fiat on Blockchain Rails by 2030
Collins envisions a world where stablecoins aren’t a new invention but the tokenized evolution of existing fiat: “A stablecoin simply is a dollar, euro, yen, or a traditional currency running on a blockchain rail by 2030.” This transition, he argues, will merge traditional finance (TradFi) with DeFi, offering faster, more transparent transactions without the inefficiencies of intermediaries like banks or clearinghouses.
- Efficiency Gains: Stablecoins enable near-instant settlements, reducing costs by up to 90% compared to traditional wires.
- Institutional Rush: “Every large institution, every bank, everyone wants to create their own stablecoin because it’s lucrative and it’s just a better way to transact,” Collins said.
- Regulatory Catalyst: The US shift under Trump—via the GENIUS Act and stablecoin legislation—has “opened the floodgates,” encouraging TradFi entry.
Collins, who co-founded Tether in 2014, sees this as inevitable: “The best thing to ever happen to the crypto market was the positive shift in stance by the US government this year.”
Current Stablecoin Landscape: $300 Billion and Rising
Stablecoins have exploded to a $300 billion market cap, with Tether’s USDT holding 70% dominance and processing $96 billion in daily volume. Banks and institutions are racing to launch their own, with Circle’s USDC IPO and Tether’s USAT stablecoin gaining traction. Projections suggest stablecoins could reach $1.9 trillion by 2030, with tokenized assets adding trillions more.
| Stablecoin | Market Cap ($B) | Daily Volume ($B) | Key Use |
|---|---|---|---|
| USDT (Tether) | 173 | 96 | Global Transfers |
| USDC (Circle) | 35 | 5 | Institutional |
Challenges and Skepticism
While optimistic, Collins’ prediction faces hurdles:
- Regulatory Fragmentation: Despite US progress, global rules vary, with EU’s MiCA and Asia’s pilots lagging.
- Adoption Barriers: Banks’ stablecoin launches must overcome legacy systems; security risks like hacks persist.
- Centralization Risks: Tether’s 70% dominance raises concerns over single points of failure.
Conclusion: Stablecoins’ Inevitable Fiat Evolution
Tether co-founder Reeve Collins’ prediction that all currencies will be stablecoins by 2030 paints a blockchain-powered financial future, with fiat tokenized for speed and transparency. As institutions race to launch digital dollars, it’s a compelling vision—though risks remain. For crypto pioneers, it’s the endgame; for skeptics, a cautionary tale. Will the rails remake money? The tokens transfer. cointelegraph
