BNY Mellon Predicts $3.6 Trillion Digital Cash Market by 2030 as Institutional Adoption Soars

Institutional adoption of digital cash is accelerating, marking a significant shift in global finance according to BNY Mellon. The bank forecasts a $3.6 trillion market for stablecoins, tokenized deposits, and digital money-market funds (MMFs) by 2030. This represents a substantial portion of the overall market with stablecoins poised to account for approximately 41.6%. BNY Mellon predicts that stablecoin adoption will reach roughly $1.5 trillion by 2030 as institutions leverage faster settlement and tighter liquidity control.