In a recent tweet, Coinbase predicts that Stablecoin’s market capitalization will reach $1.2 trillion by 2028, and will increase over time due to progressive, policy-driven adoption.
Stablecoin’s market capitalization could reach 1.2T by 2028.
This estimate does not require excessive or permanent rate disruption, but does not require progressive policy-driven adoption, which deteriorates over time.
Other insights on the growth of stubcoin in the research team’s market intelligence report…pic.twitter.com/vpfe6m4wh2
– Coinbase Institutional
Coinbase is based on a probabilistic method. It says this is realistic and consistent with the front-end rate model. Current market valuation means that overflowing approximately $9250 billion, or $5.3 billion per week on US Treasury bills (T-Bill) over 175 weeks, or about 40 months.
Coinbase also believes that recent developments in regulations such as the Genius Act could contribute to this growth as it helps reduce execution risks and helps create a more resilient Stablecoin ecosystem. The growth of the Stablecoin market also depends on key factors such as efficient lamps, wide distribution networks, and the expanding role of market players.
Stablecoins gain traction
According to data from CoinMarketCap, the total market capitalization of Top Stub Coin Tokens is currently at $2875.6 billion.
This week, bull said it was planning to receive $1.15 billion in revenue from its recently completed initial public offering at the historic first Stablecoins to use Stablecoins at US IPOs.
Coinbase was solely responsible for managing the revenues of its IPOs, most of which settled in parts of the USDC and EURC. A portion of the revenue was also resolved, among others, PayPal USD (PYUSD) and Ripple USD (RLUSD).
In its recent list, Coinbase announced that World Liberty Financial USD (USD1) Stablecoin is now available on the Coinbase platform and the Coinbase iOS and Android apps, allowing users to purchase, sell, convert, send, receive or save Stablecoin.
