Interview: Stablecoins will transform finance in 2025, says Brett Reeves

The year 2024 was a milestone for the cryptocurrency sector. From Bitcoin ETFs grabbing headlines to political shifts shaping regulatory approaches, the industry evolved rapidly.

As we look ahead, Brett Reeves, Head of Go Network at institutional digital asset infrastructure provider BitGo, shares his insights on what 2025 might hold for the crypto and blockchain space.

In this interview with Invezz, Reeves discusses the transformative potential of blockchain, the rise of stablecoins, and the steps needed to make cryptocurrencies mainstream. Edited excerpts:

Invezz: 2024 saw significant developments in the cryptocurrency industry. How do you see these events shaping the market in 2025?

Last year was transformative, especially with Bitcoin ETFs becoming a reality.

That alone reinforced Bitcoin’s resilience and solidified its position as a permanent player in global finance.

However, the real game-changer was the political shift in the United States, with Donald Trump returning as president and bringing a markedly pro-blockchain perspective.

Meanwhile, Bitcoin surpassing $100,000 is a powerful milestone, proving the growing maturity of this sector.

Invezz: Blockchain technology has been reshaping industries. What areas do you think will see the most growth in 2025?

Blockchain adoption is steeply accelerating, and we’re seeing its impact across industries like gaming, finance, and supply chains.

Developers are building decentralised applications (dApps) that enhance real-world experiences, especially in gaming, where players can earn tokens and transfer value across platforms.

Investment is another area of growth.

With the rise of regulated Bitcoin and Ethereum ETFs, institutional and retail investors are integrating crypto into their portfolios.

Treasury management is also evolving, with companies like MicroStrategy using Bitcoin as a long-term store of value.

Cross-border transactions via stablecoins are revolutionising remittances, particularly in Asia, where users benefit from lower fees and near-instant processing.

Invezz: Speaking of stablecoins, they’re becoming increasingly important. What role do you see them playing in 2025?

Stablecoins have evolved far beyond their initial use as a trading tool. They’re now a key component in modernising financial systems, enabling seamless payments, settlements, and access to decentralised finance (DeFi).

At BitGo, we’re launching our stablecoin, GoUSD, to address these needs. Our goal is to provide users with a stable, efficient, and inclusive financial tool that bridges traditional and digital economies.

Invezz: Regulation has been a critical factor for crypto adoption. How do you see the regulatory landscape evolving?

The US has lagged in creating clear crypto regulations, but that’s set to change under the new administration.

Europe, on the other hand, is already leading the way with the Markets in Crypto-Assets Regulation (MiCA), which will be fully implemented by January 2025.

This regulatory clarity will attract significant new capital inflows, making cryptocurrencies more accessible and compliant.

Invezz: There’s been a perception that cryptocurrencies are linked to illicit activities. How has the industry addressed this issue?

That perception is fading fast. Research by Chainalysis shows that illicit activity now accounts for less than 0.5% of on-chain transaction volume, and the trend is declining.

The crypto industry has made significant strides in transparency, accountability, and traceability.

The events of 2022 eliminated many bad actors, leaving behind a more robust and resilient ecosystem.

Invezz: Finally, what excites you most about 2025 for crypto and blockchain?

The growing institutional adoption of crypto is incredibly exciting.

Companies like MicroStrategy, which holds over 439,000 Bitcoins, are setting a precedent for corporate investment in digital assets.

This confidence from major players enhances the credibility of cryptocurrencies as a mainstream asset class.

On a broader level, advancements in blockchain technology and cybersecurity are making digital assets more practical for everyday use.

With innovation continuing at a rapid pace, the potential for blockchain to foster financial inclusion and create new opportunities is limitless.