Matt Hogan, Chief Investment Officer (CIO) at Bitwise, predicted that big tech companies' experiments with stablecoin-based payments could help grow the market, currently worth about $300 billion, to $4 trillion by 2030. According to The Block, he said, “U.S. delivery app DoorDash is currently collaborating with Stripe to test a stablecoin payment system for delivery drivers operating in over 40 countries. Meta is also running a stablecoin payment program for creators in the Philippines and Colombia, utilizing the Solana (SOL) and Polygon (POL) blockchains. Although the current pilot project itself is not large in scale, it has solidified my conviction that stablecoins can grow into a multi-trillion dollar market in the long term.”
