Coinbase Sees Stablecoin Market Growing to $1.2T by 2028

Coinbase Sees Stablecoin Market Growing to $1.2T by 2028

The target translates to stablecoins growing almost five-fold from the current market size of $270 billion.

Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase

Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led by David Duong, is based on a stochastic model... The post Stablecoin Market Could Hit $1.2T by 2028, Maybe Affecting U.S. Government Debt Yields: Coinbase app…