BCG – Stablecoins: Five Killer Tests to Gauge Their Potential, May 2025

The document focuses on analyzing the potential of stablecoins and their role in the economy.

The main conclusions include five key tests that can help market participants assess the long-term potential of stablecoins. The document discusses how stablecoins can transform the economy by providing fast and cheap payments and how they can be integrated into various areas such as cross-border transfers and corporate treasury operations. It also examines current trends in the stablecoin market, including the growth of market capitalization and transaction volumes.