AI Freelancers Could Push Stablecoin Use, Swyftx Says | Crypto ETF News
Crypto ETF news: AI Freelancers Could Push Stablecoin Use, Swyftx Says. This update explains what changed, why it matters for institutional adoption, market flows, and investor sentiment, and what the crypto market should watch next.
Institutional And ETF Update
AI-enabled microbusinesses could provide a major boost for stablecoin transaction volumes as the global gig and freelance payment market grows, according to Australian crypto exchange Swyftx. In a second-quarter industry report, Swyftx estimated the global gig and freelance payments market could reach $2.1 trillion by 2033, with AI-native workers accounting for $775 billion. Swyftx’s base-case model projected that $262 billion of the AI-native cohort’s payment volume could be settled in stablecoins, based on an assumed adoption rate of roughly 33%. “We see the vibe-coding and AI economy as a significant potential tailwind for stablecoin use,” Pav Hundal, lead market analyst at Swyftx, told Cointelegraph.“Adoption doesn’t happen just because the technology exists. It happens when the economics are compelling, and the rules are clear. For stablecoins, both of those conditions are now falling into place.”Stablecoins, which have doubled in market cap over the past two years and hit a record $1.79 trillion in volume in June, have been a clear indicator of payment utility demand. Freelancers are driving the growth Swyftx said that the very smallest firms, those with fewer than five employees, are now among the fastest-moving in AI adoption, and the shift from larger company adoption has produced a new class of solo entrepreneurs. These solo workers operate across borders, invoice frequently and settle in amounts that the conventional banking system and payment infrastructure were not optimized to handle, it said. They number between six and 10 million globally today but are projected to grow to 17 million over the next decade.“A lot of these solo founders are going to be sensitive to remittance and transaction fees. It’s a potentially chunky market for stablecoins,” Hundal said. Using stablecoins can save thousands of dollars in annual transfer fees. Source: Swyftx Swyftx added that if its projections played out, “the institutional settlement layer beneath this — over-the-counter liquidity, custody and yield services for the platforms routing these payments — could capture a significant new revenue stream.”Related: Stablecoin transaction volume hits record $1.79T in JuneThis theoretical revenue stream could be as much as $1.3 billion by 2033, assuming total transaction, liquidity and custody costs of 0.5%, it added.Traditional methods too slow and expensiveTraditional cross-border rails charge high fees, have multiday settlement windows and exclude users in more than 50 countries.Stablecoin transfers using Ethereum layer-2 networks can cut those fees by 80% to 90%, saving the average freelancer about 86% per year in transfer fees, Swyftx said in an example.The agentic AI payment narrative could be another big driver of stablecoin volume, as AI agents cannot get bank accounts, so they will likely use crypto assets for payments.Features: Robinhood L2 sparks ETH optimism, Saylor ‘muddies waters.’ Hodler’s Digest
Why This ETF News Matters
First, this development may affect institutional demand, exchange flows, market liquidity, and broader investor confidence. In addition, it may influence custody trends, fund positioning, and future crypto product approvals. As a result, traders and investors should watch the next moves closely.
What To Watch Next
Watch for filing updates, approval decisions, inflow and outflow data, custody changes, and asset manager commentary. In particular, any new developments involving BlackRock, Grayscale, Fidelity, or major spot ETF products could directly affect the broader crypto market.
