In 2025, stablecoins are poised to transform the landscape of small and medium-sized business payments, transitioning from mere trading assets to practical financial tools for instant settlements. This evolution, predicted by Haseeb Qureshi, managing partner at Dragonfly Capital, marks a pivotal shift in their application, underscored by banks ready to issue stablecoins for payments. Qureshi suggests that regulatory clarity might allow the U.S. to debut bank-issued stablecoins by the end of the year, although he anticipates no significant challenges for established players like Tether, which he expects to maintain its market dominance.
Qureshi believes that stablecoins will offer a more efficient and accessible transaction method than existing payment systems, a view supported by Citi Wealth strategists who highlight stablecoins’ potential to bolster the U.S. dollar’s global supremacy. A recent report noted that stablecoin activity surged to $5.5 trillion in Q1 of 2024, reinforcing their rising prominence.
Beyond stablecoins, Qureshi predicts broader changes across the cryptocurrency sector. He foresees a blurring of boundaries between layer-1 and layer-2 blockchain networks, with the industry moving towards more agile and responsive systems. On the tokenomics front, there could be a pivot from large airdrops to utility-oriented rewards. Additionally, he points to a temporary surge of AI-driven influencers and “AI agent” coins, albeit anticipating a user backlash favoring a return to more human-centric approaches.
