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Why the Dollar's Stablecoin Update is Inevitable | Jeremy Allaire, Circle

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Unleashing the $100 Trillion Opportunity

The Total Addressable Market (TAM) for legal electronic money stands at an astonishing $100 trillion, encompassing money that is actively used across various economies and currencies. Within this vast market, specific niches reveal significant revenue potential, such as the $2.5 trillion crypto market, the $1 trillion retail payments sector, and a considerable $130 billion in annual B2B electronic payments. Additionally, capital market transactions reach into the quadrillions, highlighting the extensive use of money in trading and financial exchanges. Both the storage and utility aspects of electronic money present immense opportunities for innovation and growth, comparable to the transformative potential of the internet.

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