tldr; Coinbase projects the stablecoin market could grow to $1.2 trillion by 2028, based on simulations using recent growth data. This forecast aligns with the adoption pace and short-term interest rate models. The Genius Act and demand for stablecoins, backed by assets like Treasury bills, are key drivers. Other analyses, such as Standard Chartered and Bitwise, predict even higher growth, with estimates reaching $2 trillion or more by 2028. Stablecoins are also expected to play a significant role in cross-border payments by 2030.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
do we really need all those stablecoins?
potatoMan8111 on
Ether to the MOOOON!!!
Calm_Voice_9791 on
Yes, stable coin is actually the future especially for cross borders payment
Frustrated_Bettor on
This bull run is going to be massive!
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tldr; Coinbase projects the stablecoin market could grow to $1.2 trillion by 2028, based on simulations using recent growth data. This forecast aligns with the adoption pace and short-term interest rate models. The Genius Act and demand for stablecoins, backed by assets like Treasury bills, are key drivers. Other analyses, such as Standard Chartered and Bitwise, predict even higher growth, with estimates reaching $2 trillion or more by 2028. Stablecoins are also expected to play a significant role in cross-border payments by 2030.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
do we really need all those stablecoins?
Ether to the MOOOON!!!
Yes, stable coin is actually the future especially for cross borders payment
This bull run is going to be massive!