She acknowledged that the rapid rise of stablecoins, cryptocurrencies designed to maintain a stable value in conjunction with fiat currencies, is reshaping Bitcoin’s role in the financial ecosystem.
Although Wood remains optimistic about Bitcoin’s fundamental value as “digital gold,” he lowered his 2030 Bitcoin price prediction by $300,000, from an initial $1.5 million to $1.2 million per coin.
Stablecoins eat into Bitcoin transaction usage
Stablecoins such as Tether (USDT) and USD Coin (USDC) are rapidly gaining popularity as easy and efficient payment tools, especially in emerging markets with volatile currencies. These coins combine the decentralization appeal of cryptocurrencies with the stability of traditional money by pegging their value to the US dollar or other fiat currency. Previously, many believed that Bitcoin was a prime candidate to become the go-to currency for everyday transactions around the world. However, Wood pointed out that stablecoins effectively capture Bitcoin’s anticipated trading market, offering a faster, cheaper, and more stable option for users who need a reliable medium of exchange.
A great example is the use of stablecoins in countries experiencing hyperinflation or where currency flows are restricted. In Venezuela, for example, stablecoins have become a lifeline, allowing residents to maintain value and transact business without relying on an unstable local currency. This pattern of adoption shows why investors and analysts need to consider the growing dominance of stablecoins when assessing the potential future price of Bitcoin.
Despite lowering his price target, Wood emphasized that Bitcoin’s essential identity as digital gold remains intact. Digital gold refers to Bitcoin’s role as a store of value, similar to how gold is used to store wealth over the long term. Bitcoin’s fixed supply (capped at 21 million) increases its scarcity, which is critical to its value proposition.
Learn more about Cathie Wood’s views on Bitcoin
ARK Invest CEO Cathie Wood predicts that the cryptocurrency market could reach $25 trillion by 2030, with Bitcoin accounting for the majority of that valuation. This forecast, while adjusting some expectations, highlights her strong long-term optimism for digital assets.
Cathie Wood: “Bitcoin and cryptocurrency market expected to reach $25 trillion by 2030”
ARK Invest CEO Cathie Wood emphasized her long-term bullish stance, predicting that the total value of the cryptocurrency market could reach $25 trillion by 2030, with the majority of that valuation coming from Bitcoin. pic.twitter.com/DTXAzJ8oRc
— Crypto Town Hall (@Crypto_TownHall) October 29, 2025
Wood highlights the evolving role of Bitcoin as a “digital gold” that acts as a store of value rather than a primary transaction currency, especially as stablecoins gain ground in everyday payments. Her outlook reflects a balanced view of the crypto ecosystem, where Bitcoin’s scarcity and institutional adoption provide significant value and support forward-thinking investment perspectives in this space.
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