Cointelegraph reports that Moody's has released its 2026 Cross-Industry Outlook report, which states that stablecoins are transitioning from native cryptocurrency tools to core components of institutional market infrastructure. Moody's believes that in an increasingly tokenized financial system, fiat-backed stablecoins and tokenized deposits are evolving into "digital cash" used for liquidity management, collateral transfer, and settlement. Banks, asset management firms, and market infrastructure providers have initiated pilot projects involving blockchain settlement networks, tokenization platforms, and digital custody, aiming to simplify issuance, post-trade processes, and intraday liquidity management. By 2030, as companies build large-scale tokenization and programmable settlement systems, investments in digital finance and infrastructure could exceed $300 billion. (Cointelegraph)