The stablecoin market is rapidly gaining attention from industry leaders, regulators, and Wall Street giants. New regulations, growing institutional interest, and increasing real-world utility are driving its growth.
Let us have a look at what the experts have to say.
Reece Merrick, Senior Executive Officer and Managing Director in the Middle East and Africa at Ripple, highlights that the stablecoin market, currently valued at around $300 billion, is on track for remarkable growth.
He says that the rapid growth is being driven by new regulations, like the U.S. GENIUS Act, and stronger connections with fintech, showing how stablecoins are becoming increasingly important for stability and liquidity across the volatile financial ecosystems.
As stablecoins become central to the global financial system, the next wave of adoption will be driven by real-world use and institutional demand.
Ripple is at the forefront, taking full advantage of this growing market.
It recently partnered with SBI VC Trade, a subsidiary of SBI, to bring RLUSD to the Japanese market. SBI VC Trade has been a leader in Japan’s crypto space, handling stablecoins with an official license. This move will make stablecoins more accessible, reliable, and convenient for users in Japan.
Treasury Secretary Scott Bessent believes that stablecoins will increase demand for U.S. Treasuries. He has also highlighted that the GENIUS Act provides the regulatory clarity needed for the stablecoin market to grow into a multitrillion-dollar industry.
“It’s a win-win-win for everyone involved: stablecoin users, stablecoin issuers, and the U.S. Treasury Department,” he said.
Ripple CEO Brad Garlinghouse predicts the stablecoin market could jump nearly tenfold, from $250 billion to $2 trillion, in a few years.
Goldman Sachs says that we are at the start of a “stablecoin gold rush.” The bank notes that stablecoins currently make up a $271 billion global market, with USDC expected to grow $77 billion by 2027. It also points out that the potential total market for stablecoins is in trillions.
Coinbase predicts that the U.S. dollar-backed stablecoin market could grow to $1.2 trillion by 2028. Standard Chartered is even more bullish, projecting it could hit $2 trillion by 2028.
However, JPMorgan sees stablecoins reaching $500 billion by 2028, driven mostly by crypto trading and DeFi (88%), with payments at just 6%. Overall, it sees moderate, crypto-driven growth, not a mainstream adoption boom.
Whether driven by payments, trading, or institutional demand, the stablecoin industry is on track for a multi-trillion-dollar future.
After weeks of price swings, Bitcoin buyers are showing fresh strength. In the past few…
Massive amounts of money are entering digital assets as big companies and funds show new…
Crypto investors are closely watching the progress of both utility-based tokens and meme coins. With…
As XRP trades above $3, attention is shifting toward altcoins that offer real utility. Remittix…
Shiba Inu price shows early signs of life after weeks of stagnation. The Fed’s dovish…
Scammers are always looking for ways to trick investors, often by launching meme coins linked…
