- Geopolitical pressure and sanctions accelerate shift affecting competing national systems and the global payment system.
- Global financial infrastructure is fragmenting into competing systems due to geopolitical pressures and sanctions.
New Payment Instruments Projected to Reach 4% of Global Payments by 2030
What happened
Stablecoins, tokenized deposits, and central bank digital currencies are expected to account for approximately 4% of global payments volume by 2030. This shift is occurring as these new instruments move from experimentation into commercial use. Nearly 60% of corporates are open to sourcing stablecoin services from non-bank providers.
From finanznachrichten.de
Why it matters
The rise of these new payment instruments is putting pressure on traditional payments revenue pools for banks, including foreign exchange spreads, correspondent banking, and transaction processing fees. This trend occurs amid a larger situation where global financial infrastructure is fragmenting due to geopolitical pressures and sanctions.
Global financial infrastructure is fragmenting into competing systems due to geopolitical pressures and sanctions.
From finanznachrichten.de