As banks prepare to issue stablecoins for payments, 2025 could mark a turning point for stablecoin adoption, predicts Haseeb Qureshi of Dragonfly Capital.

Stablecoins Payments for small and medium-sized businesses are set to revolutionize in 2025, shifting from trading and speculation to enabling real-world use cases such as instant settlement, according to Haseeb Qureshi, managing partner of Dragonfly Capital.

in Posted on January 1 On X, Haseeb Qureshi shared several predictions for 2025, highlighting a promising future for stablecoins. He noted that regulatory clarity could pave the way for the United States to introduce bank-issued stablecoins by the end of the year. However, managing partner Dragonfly Capital expects no major disruptions to established issuers like Tether (USDT), which he believes will retain its dominance "especially with (Howard) Lutnick as Secretary of Commerce."

According to Qureshi, stablecoins will reshape how SMEs handle transactions, citing their efficiency and accessibility to go beyond traditional payment systems. He is not alone in his view. Strategists at Citi Wealth recently confirmed Research report Stablecoins “could ultimately strengthen the dominance of the US dollar,” he said, adding that activity had reached record levels, worth $5.5 trillion during the first quarter of 2024.

California venture capital firm Pantera Capital also Calls Stablecoins represent a “trillion-dollar opportunity,” highlighting that these assets now account for more than 50% of blockchain transactions, up from just 3% in 2020.

Beyond stablecoins, Qureshi envisions big shifts in the crypto space. He predicts the lines between them Layer-1 and Layer-2 Networks will become blurred as the industry shifts toward faster, more responsive systems. At the same time, tokens could see a move away from large airdrops towards utility-based rewards. Additionally, he highlights a brief rise in the number of AI influencers and “AI agent” currencies, but expects a backlash as users re-adopt human-centered approaches.