Tether Co-Founder Says Stablecoins Could Replace Fiat On Blockchain by 2030 as Banks Explore Tokenization

By 2030, stablecoins will represent traditional fiat like dollars and euros on blockchain rails, driving a full shift to onchain finance as tokenized assets and stablecoin rails become the dominant method for cross-border transfers and institutional ￰0￱ will tokenise fiat for everyday transfers Institutional entry and regulatory clarity are accelerating tokenization and stablecoin ￰1￱ trade-offs remain: bridges, smart contracts, and custody need stronger ￰2￱ onchain finance tokenization — Learn why fiat will run on blockchains by ￰3￱ expert insight and next steps. Tether’s co-founder, Reeve Collins, forecasts that most forms of money, including dollars and euros, will exist as blockchain-based stablecoins within the next five to ten ￰4￱ Collins, co-founder of Tether, told Token2049 in Singapore that the future of money is ￰5￱ predicts that by 2030, “all currency will be a stablecoin,” meaning traditional fiat will run on blockchain rails while retaining its familiar unit names like dollars and ￰6￱ argued that stablecoins and tokenized assets will become the primary rails for moving money because they offer superior speed, transparency and composability compared with legacy systems.

Published: 2025-10-03 · Updated: 2025-10-03 What does Collins mean by “stablecoins” and will fiat truly go onchain? Stablecoins in Collins’ view are fiat-denominated units running on blockchain rails that enable near-instant, programmable ￰7￱ expects widespread adoption as banks and institutions issue tokenized versions of existing currencies to capture efficiency and new revenue ￰8￱ is the US regulatory shift affecting institutional adoption? Collins described a positive pivot in the US stance toward crypto this year as the key catalyst for institutional ￰9￱ clearer signals from regulators, many large financial firms are now exploring stablecoin issuance and tokenized products previously blocked by regulatory ￰10￱ co-founder Reeve Collins.