Stablecoin infrastructure investment could hit $8B in 2027: NGPES

Stablecoin infrastructure investment is on track to reach between $7 billion and $8 billion in 2027, according to projections from NGPES, a French fintech group that builds regulated payment infrastructure between traditional finance and digital assets. The company expects investment across stablecoin issuers and related infrastructure to total $4 billion to $6 billion in 2026 before accelerating next year.

NGPES based its estimates on publicly announced venture investments, strategic financings, and infrastructure transactions in the stablecoin sector. The projections cover payment rails, institutional custody, treasury platforms, compliance technology, reserve management, cross-border payment orchestration, and developer APIs.

“The investment story around stablecoins has fundamentally changed,” NGPES President Suren Hayriyan said. “Five years ago, investors were asking which stablecoin would win. Today, they are increasingly asking which regulated infrastructure will enable institutional adoption.”

Deal sizes have climbed. NGPES estimated that average venture deal sizes in the sector rose 30% to 40% during 2025 and could increase another 25% to 35% in 2026. A further 20% to 30% increase could follow in 2027 as later-stage funding, strategic partnerships, and acquisitions account for more activity.

Institutional adoption has already moved into payment and banking systems. In July, Standard Chartered launched USDC access for eligible institutional clients through its banking platform, allowing them to mint and redeem the stablecoin without maintaining a direct Circle account. Around the same period, BNY added USDC services covering minting, redemption, custody, and transfers through its Digital Asset Custody platform.

Circle also expanded its infrastructure. It integrated its Gateway and Circle Payments Network with Fireblocks, letting institutional customers manage USDC across supported blockchains and make local fiat payouts in more than 50 countries. Mastercard has separately tested a single-audit stablecoin compliance framework with Borderless.xyz, part of a broader push toward regulated settlement rails.

Global stablecoin market capitalization surpassed $300 billion in 2026, NGPES said, and the company expects it to approach $450 billion in 2027. Under a high-adoption scenario, the market could reach between $2 trillion and $3 trillion by 2030, depending on regulation, banking integration, and institutional distribution.

Transaction activity relative to circulating supply could increase about 130% to 140% during 2026 and as much as 200% in 2027, according to the projections. Stablecoin supply has not risen in a straight line. Market supply fell by $7.7 billion in June to around $312 billion after reaching a record in May, with the monthly decline becoming the largest in dollar terms since the TerraUSD collapse in 2022.

NGPES expects payment and settlement activity to become the more important measure as stablecoins find uses in cross-border payments, corporate treasury management, business-to-business settlement, remittances, and tokenized financial markets. “We are approaching an important inflection point,” Hayriyan said. “In our view, stablecoin payment and settlement activity is likely to grow significantly faster than circulating supply.”

Industry estimates cited by NGPES put identifiable real-world stablecoin payment activity at about $390 billion during 2025, covering goods and services, remittances, and corporate settlements. A Paybis report found in June that stablecoins represented 86% of its crypto volume, while B2B clients generated 97.8% of stablecoin volume through April. The survey also found that 22.5% of businesses already used stablecoins for cross-border payments or planned to do so within 12 months.

Latin America and Africa could record some of the fastest increases in commercial stablecoin activity, according to the NGPES forecasts. Latin American payment volumes could rise 55% to 65% in 2026 before increasing another 45% to 55% in 2027, tied to remittance demand, cross-border commerce, and access to stable currencies. Across African markets, NGPES projects stablecoin payment volumes could rise 65% to 80% in 2026 and another 50% to 65% in 2027 as mobile-first economies use digital currencies for international payments and commercial settlement.

Institutional distribution could develop alongside those payment flows. Banks, payment companies, asset managers, and regulated fintech firms are entering the sector through partnerships, consortium projects, treasury products, and white-label issuance models, the company said. White-label stablecoin infrastructure could account for 15% to 20% of issuance volume by the end of 2026 and between 25% and 30% by the end of 2027.

The model lets financial institutions offer stablecoin products using existing regulated infrastructure instead of building issuance, compliance, and settlement systems internally.

Europe represents another part of the investment thesis. The Markets in Crypto-Assets Regulation gives issuers and infrastructure companies a common regulatory framework across the European Union. NGPES expects investment in euro-pegged stablecoin infrastructure to total about $300 million to $350 million across 2026 and 2027, citing demand for regulated infrastructure despite the relatively small circulation of euro-backed tokens.

A July market analysis found that the capitalization of eight MiCA-compliant euro stablecoins increased 128% from $295.6 million on June 30, 2025, to $673.9 million on June 28, 2026. NGPES expects the euro-pegged stablecoin market to reach around $1 billion during 2026 and between $1.6 billion and $1.7 billion in 2027 as exchange integrations and fiat payment rails expand. Even at the upper end of the forecast, euro stablecoins would represent less than 1% of the dollar-pegged market.

European banks have started building infrastructure around the regulated tokens. A consortium led by Qivalis selected Fireblocks in April to provide infrastructure for a MiCA-compliant euro stablecoin intended for institutional settlement, treasury operations, and tokenized assets. OpenPayd secured MiCA authorization in June for services including fiat-to-stablecoin conversion, custody, wallet infrastructure, and stablecoin transfers across major blockchain networks.

For NGPES, regulatory authorization is becoming part of the investment criteria as institutions evaluate governance, liquidity, compliance, and operational resilience alongside the underlying technology.

“The next phase of the stablecoin market will not be defined by token issuance alone,” Hayriyan said. “It will be defined by the quality of the regulated infrastructure supporting institutional adoption.”