a16z Annual Report: Stablecoin Volumes Hit $46 Trillion in 2024, AI-Crypto Convergence Expected by 2026

Venture firm a16z released its annual report on Dec. 11, showing stablecoin transaction volume reached $46 trillion in 2024—20 times PayPal's volume and nearly three times Visa's, BlockBeats reports. The report highlights ongoing tokenization of traditional assets, including U.S. stocks, commodities and indexes being brought on-chain via cryptographic technology. a16z projects that decentralized payment systems will see broad adoption by 2026 as AI and crypto converge.