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AI Microbusinesses Could Drive $262B in Stablecoin Volume by 2033, Says Swyftx
The expanding gig economy, driven by AI-native microbusinesses, could significantly increase stablecoin transaction volume, reaching $262 billion by 2033, according to Australian crypto exchange Swyftx.
AS1 NewsSource: cointelegraph.com
Swyftx, an Australian cryptocurrency exchange, has highlighted a potential future where AI-driven microbusinesses within the gig economy increasingly utilize stablecoins for transactions. This shift is motivated by the desire to avoid the slow and costly processes associated with traditional payment systems. The report suggests that by 2033, stablecoin transaction volume related to these AI-enabled microbusinesses could reach as high as $262 billion. This trend reflects a broader movement towards digital currencies that facilitate faster and cheaper cross-border payments, especially for small-scale, flexible work arrangements. The rise of AI in the gig economy could thus play a pivotal role in shaping the future landscape of digital payments.
The growth of AI-driven gig microbusinesses could significantly boost stablecoin transaction volumes, influencing the broader adoption of stablecoins in everyday transactions.