Market Research & Analysis
Authoritative sources on stablecoin adoption, regulatory trends, and cross-border payments
By Anton Titov, Co-Founder & CEO · Plexo Institute
Curated bibliography of institutional research, regulatory frameworks, market data, and industry reports that inform Plexo Institute analysis.
Market Research & Analysis
Authoritative sources on stablecoin adoption, regulatory trends, and cross-border payments
Institutional Research
Citi GPS — Stablecoins 2030
Comprehensive forecast projecting $1.9T–$4T market cap by 2030. Covers institutional adoption drivers and regulatory catalysts.
McKinsey — The Stable Door Opens
Analysis of how tokenized cash enables next-gen payments, with focus on B2B cross-border and treasury use cases.
BIS Annual Report 2025
Central bank perspective on tokenized unified ledgers — the "trilogy" of tokenized reserves, commercial money, and bonds.
Compliance & Regulatory
FATF Recommendation 16
Original Travel Rule framework for virtual asset transfers. Foundation for IVMS-101 standard.
Stanford Law — A New Era of Stablecoins
Market evolution and regulatory race analysis. Covers MiCA, GENIUS Act, and global framework convergence.
EU MiCA Regulation (2023/1114)
Full text of Markets in Crypto-Assets regulation. Covers CASP authorization, stablecoin issuance, and Travel Rule enforcement.
Market Data & Adoption
Chainalysis — Geography of Cryptocurrency 2024
Global crypto adoption index, regional trends, and institutional vs. retail breakdown.
World Bank — Remittance Prices Worldwide
Quarterly tracking of remittance costs across 60+ corridors. Current global average: 6.35% (vs. G20 target <3%).
TRM Labs — Stablecoin Adoption Index
Share of self-custody wallets in cross-border transfers, regional adoption patterns.
Industry Reports & Surveys
KeyRock & Bitso — The Trillion Dollar Opportunity
Joint report on stablecoins as payment rails, exploring infrastructure shifts and use cases driving adoption.
BCG & Ripple — Tokenized Asset Projections
Forecasts tokenized asset market expansion to $18.9T by 2033 (mid-case).
Fireblocks — Bank Stablecoin Integration Survey
2025 survey finding 90% of banks are using or planning stablecoin integration.
Deloitte — Digital Banking Reimagined
Digital identity verification can reduce onboarding costs by up to 70% and significantly decrease fraud losses.
Oliver Wyman — The Future of Payments
Digital money landscape coverage, including stablecoins and deposit tokens.
KPMG — Cryptoassets for Banking
Institutional crypto adoption and banking implications.
Academic & Technical
arXiv — Banking 2.0: The Stablecoin Banking Revolution
Academic paper on how stablecoins enable "Banking 2.0" by integrating cryptocurrency innovation with traditional finance infrastructure.
How We Use These Sources
These references inform:
Market sizing in business cases and investor materials
Regulatory positioning for compliance narratives
Competitive analysis and differentiation claims
Thought leadership content (Pre-SWIFT Moment, The Convergence)
Ready for Implementation?
Explore practical guides for building stablecoin operations.
