Building the Case for Stablecoin Remittances: Javelin Models the Total Addressable Market

Javelin introduces its approach to stablecoin market sizing by starting with a defined use case, measurable payment activity, and an existing fee pool. Others have generated large stablecoin market forecasts based on supply, tokenized asset values, and transaction volumes, but these figures don’t necessarily represent revenue opportunities for financial institutions. Using 32 U.S. outbound remittance corridors representing approximately $247.6 billion in annual flows, Javelin develops bear, base, and bull scenarios to estimate the total addressable market for stablecoin-enabled remittances. 

Readers will learn how stablecoins could improve cross-border settlement without requiring customers to become crypto users, where adoption frictions remain, and how existing remittance providers could benefit from new infrastructure. The report also provides a framework for FIs to evaluate individual corridors based on market economics, customer fit and value, and execution readiness. Rather than asking whether every FI needs a stablecoin product, the report helps institutions identify where stablecoins can lower costs, improve payment outcomes, and protect customer relationships, and where participation actually makes sense.

Key questions discussed in this report: 

• What is the total addressable market for U.S. outbound stablecoin remittances, and how does the opportunity change under different adoption scenarios?
• Where can stablecoins improve the economics and customer experience of traditional remittances?
• How should FIs determine which remittance corridors offer the strongest opportunities?
• How can FIs participate in stablecoin remittances? 

Companies Mentioned: 

BIS, BVNK, CFPB, Citi, Dandelion, Euronet, Federal Reserve, IMF, Intermex, MoneyGram, Nuvei, Remitly, Ria Money Transfer, SEC, Visa, Western Union, Wise, World Bank, Worldpay, Xe