Market Reports

Curated external stablecoin market reports and source documents with Plexo Institute editorial framing — what each report says and why it matters.

All Oliver WymanDeloitteKeyRock & BitsoTRM LabsFATFBISarXiv
16 reports
All topics institutionalstablecoinsmarket-researchcompliancepaymentsmarket-datacbdcdigital-bankingadoptionregulatoryacademiccross-border-payments
Oliver WymanExternal sourceOpen source

The Future of Payments

Digital money landscape coverage, including stablecoins and deposit tokens.

  • Stablecoins, deposit tokens, and CBDCs as future payment instruments
  • Convergence of traditional and digital payment rails
  • Policy frameworks lagging behind market adoption
DeloitteExternal sourceOpen source

Digital Banking Reimagined

Digital identity verification can reduce onboarding costs by up to 70% and significantly decrease fraud losses.

  • Digital identity verification reduces onboarding costs by up to 70%
  • Fraud losses significantly reduced through digital KYC
  • Banking transformation accelerated by digital-first strategies
KeyRock & BitsoExternal sourceOpen source

Stablecoin: The Trillion Dollar Opportunity

Joint report on stablecoins as payment rails, exploring infrastructure shifts and use cases driving adoption.

  • Stablecoins emerging as dominant payment rails
  • LATAM and Africa as fastest-growing corridors
  • Infrastructure maturity enabling institutional entry
TRM LabsExternal sourceOpen source

Stablecoin Adoption Index

Share of self-custody wallets in cross-border transfers, regional adoption patterns.

  • Self-custody wallet share growing in cross-border transfers
  • Regional adoption driven by remittance corridors
  • Compliance tooling gaps slowing institutional adoption
FATFExternal sourceOpen source

Recommendation 16: Travel Rule Guidance

Original Travel Rule framework for virtual asset transfers. Foundation for IVMS-101 standard.

  • VASP-to-VASP identity data exchange requirement
  • Foundation for IVMS-101 messaging standard
  • Adopted by 100+ jurisdictions globally
BISExternal sourceOpen source

Annual Report 2025: Next-Generation Monetary System

Central bank perspective on tokenized unified ledgers — the "trilogy" of tokenized reserves, commercial money, and government bonds.

  • Unified ledger concept for tokenized central bank reserves
  • Trilogy: reserves + commercial money + government bonds
  • CBDCs as complement to private stablecoin rails
arXivExternal sourceOpen source

Banking 2.0: The Stablecoin Banking Revolution

Academic paper on how stablecoins enable "Banking 2.0" by integrating cryptocurrency innovation with traditional finance infrastructure.

  • Stablecoins as bridge between crypto innovation and traditional banking
  • Banking 2.0 framework for institutional stablecoin adoption
  • Technical architecture for compliant settlement layers
KPMGExternal sourceOpen source

Cryptoassets for Banking

Institutional crypto adoption and banking implications.

  • Institutional crypto adoption trajectory mapped
  • Banking integration challenges and solutions outlined
  • Regulatory clarity as prerequisite for scale
FireblocksExternal sourceOpen source

Bank Stablecoin Integration Survey 2025

2025 survey finding 90% of banks are using or planning stablecoin integration.

  • 90% of banks using or planning stablecoin integration
  • Cross-border settlement as primary use case
  • Custody and compliance as top integration challenges
BCG & RippleExternal sourceOpen source

Tokenized Asset Market Projections

Forecasts tokenized asset market expansion to $18.9T by 2033 (mid-case).

  • $18.9T tokenized asset market by 2033 (mid-case)
  • Real estate and bonds leading tokenization adoption
  • Stablecoins as settlement layer for tokenized assets
World BankExternal sourceOpen source

Remittance Prices Worldwide

Quarterly tracking of remittance costs across 60+ corridors. Current global average: 6.35% (vs. G20 target of <3%).

  • Global average remittance cost: 6.35%
  • G20 target of <3% still unmet
  • Stablecoin rails offer 10-100x cost reduction
ChainalysisExternal sourceOpen source

Geography of Cryptocurrency Report 2024

Global crypto adoption index, regional trends, and institutional vs. retail breakdown.

  • Emerging markets leading crypto adoption growth
  • Institutional share increasing across all regions
  • Stablecoin volume dominates cross-border corridors
European UnionExternal sourceOpen source

MiCA Regulation (2023/1114)

Full text of Markets in Crypto-Assets regulation. Covers CASP authorization, stablecoin issuance, and Travel Rule enforcement.

  • CASP authorization framework for all 27 EU member states
  • Stablecoin (ART/EMT) issuance and reserve requirements
  • Travel Rule enforcement with zero threshold for crypto transfers
Stanford LawExternal sourceOpen source

A New Era of Stablecoins: Market Evolution and the Regulatory Race

Market evolution and regulatory race analysis. Covers MiCA, GENIUS Act, and global framework convergence.

  • Comparative analysis: EU (MiCA) vs UK vs US frameworks
  • Regulatory convergence trend across jurisdictions
  • GENIUS Act as inflection point for US stablecoin policy
McKinseyExternal sourceOpen source

The Stable Door Opens: How Tokenized Cash Enables Next-Gen Payments

Analysis of how tokenized cash enables next-gen payments, with focus on B2B cross-border and treasury use cases.

  • Tokenized cash as catalyst for payment transformation
  • B2B cross-border and treasury as primary use cases
  • Material shift in payments industry expected by 2025
Citi GPSExternal sourceOpen source

Stablecoins 2030: Web3 to Wall Street

Comprehensive forecast on stablecoin market expansion, projecting $1.9T–$4T market cap by 2030. Covers institutional adoption drivers and regulatory catalysts.

  • $1.9T–$4T stablecoin market cap projected by 2030
  • Institutional adoption accelerating post-MiCA and GENIUS Act
  • Cross-border payments identified as primary growth driver

Related Pages