BlackRock Predicts Stablecoin Boom Fuelled By $1.1 Trillion AI Computing Market

BlackRock, the world's largest asset manager, has outlined its vision for the future of cryptocurrency in a paper titled 'The Machine-Native Economy'. The authors argue that AI agents will need machine-native payment rails to function efficiently. They predict that stablecoins will lead this development, as they are already being used in automation and have shown significant growth.

According to BlackRock, stablecoin volume has topped $300 billion as of September, with adjusted stablecoin volume passing $11 trillion in 2025. This is a significant increase from the $93 trillion moved over the U.S. ACH network last year. The authors also see potential for tokenized computing power to become tradable digital assets.

The paper highlights the growing importance of AI computing capacity, with revenue projected to reach $1.1 trillion by 2030. This growth could lead to increased demand for blockspace and the development of native tokens. While the authors acknowledge that agentic payment activity and compute-market liquidity remain limited, they believe that AI is a structural catalyst for digital asset adoption.