Mike Dudas, crypto investor and co-founder of 6th Man Ventures, stated that stablecoins have established themselves as the foundation of future financial services. In his view, the stablecoin infrastructure in 2025 has become the platform on which the next wave of fintech companies will be built.
Mike Dudas's Statement on the Role of Stablecoins
Dudas notes that companies focused on stablecoins are designed with a global launch in mind and inherently consider cross-border functionality as a fundamental principle. Unlike traditional fintech projects that require local infrastructure in each market, stablecoin teams address many challenges during scaling and create a "fundamentally different expansion model."
Growth of Stablecoin Market Capitalization in 2025
According to the researcher, in 2025 the market capitalization of stablecoins exceeded $300 billion, whereas at the beginning of the year this figure was around $205 billion. Thus, in less than 12 months, nearly $100 billion flowed into the market, compared to about $70 billion growth for the entire year of 2024.
Forecasts from Leading Banks
Dudas cites calculations from major banks as confirmation of institutional interest. J.P. Morgan forecasts market capitalization between $500 billion and $750 billion in the coming years, Citi expects growth to $1.9 trillion by 2030 under its base scenario, and Standard Chartered sets a target of $2 trillion by 2028.
Impact of Stablecoins on the Financial Ecosystem
The expert emphasizes that stablecoin issuers are already among the largest holders of U.S. government debt, which takes the topic beyond just the crypto market. According to Dudas, the infrastructure, services, and product layers that capture this growth will form a new financial ecosystem with programmable money and on-chain capital markets.
Why This Matters
For end users and businesses, transitioning to stablecoin infrastructure means new payment methods and product solutions designed from the start for cross-border use. Even if you mine on a small farm in Russia, changes in infrastructure affect product availability and integration with traditional financial services.
What to Do?
If you have between 1 and 1000 devices and mine in Russia, it’s worth following a few simple steps to avoid missing market changes while not making hasty decisions. First, monitor stablecoin support in payment and exchange services, which simplifies withdrawals and settlements; this is especially relevant in the context of stablecoin support on top-up platforms.
Second, assess how the emergence of programmable money and on-chain capital markets might impact your yield calculation services and liquidity management tools. It’s also advisable to review materials on integrating stablecoins with TradFi to understand the possibilities and limitations of interacting with traditional banks.
Finally, maintain a practical approach: don’t change operational schemes unnecessarily, but keep market development information handy and watch for technological solutions and projects on financial tokenization that could affect available products and services.
Additional Expert Commentary
Dudas highlighted that many teams still use fintech mechanisms from around 2015, although the new stablecoin rails open different product opportunities. He believes that services able to adapt to this infrastructure will gain a competitive advantage in the coming years.