Moody's releases 2026 outlook: Stablecoins moving towards "digital cash"

Odaily Planet Daily reports that Moody’s has released its 2026 Cross-Industry Outlook, which highlights that stablecoins are transitioning from a native cryptocurrency tool to a core component of institutional market infrastructure. Moody’s believes that in an increasingly tokenized financial system, fiat-backed stablecoins and tokenized deposits are evolving into “digital cash” used for liquidity management, collateral transfer, and settlement. Banks, asset managers, and market infrastructure providers have initiated pilot projects involving blockchain settlement networks, tokenization platforms, and digital custody, aiming to streamline issuance, post-trade processes, and intraday liquidity management. By 2030, as companies build large-scale tokenization and programmable settlement tracks, investments in digital finance and infrastructure could exceed $300 billion. (Cointelegraph)