US Treasury Predicts Stablecoin Market Could Surge to $2 Trillion by 2028

By: cryptosheadlines|2025/05/03 08:45:01
0
Share
copy
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com With the growth of the cryptocurrency and digital asset economy has come the expansion of the stablecoin market in the United States and abroad, stated the US Treasury in a report released on April 30.The research noted that there could be an 8.3x increase from the current stablecoin market cap of $234 billion in April 2025 to about $2 trillion by 2028.“Evolving market dynamics have the potential to accelerate stablecoins’ trajectory to reach $2 trillion in market cap by 2028.”Big Predictions for Future GrowthThis projection assumes the passage of the GENIUS Act in the US, which would establish clear regulatory guidelines and drive market confidence and adoption.The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) defines “payment stablecoins” as digital assets redeemable at a fixed value, pegged to fiat, but non-yield-bearing. It also sets out reserve rules for stablecoin issuers.In early April 2, the US House Financial Services Committee passed the STABLE Act, which gives the Office of the Comptroller of the Currency (OCC) the authority to approve and supervise “federally qualified nonbank payment stablecoin issuers.”Stablecoin reserve requirements could also drive large demand for short-dated U.S. Treasuries, it stated. Projections suggest stablecoin issuers could hold around $1 trillion in T-bills by 2028 if growth hits expectations.The Treasury also predicted that stablecoin transactions could rise from around $700 billion per month today to around $6 trillion per month by 2028, which is roughly 10% of global forex spot transactions.If regulatory clarity is achieved, stablecoins could become a mainstream financial instrument not just for crypto users, but for traditional finance, corporate treasury, and even sovereign liquidity management.Potential drivers of stablecoin growth. Source: US Treasury DeptFor users in emerging markets, stablecoins provide direct access to US dollars without needing a US bank account, strengthening the currency’s global role, the report noted.Stablecoin Ecosystem OutlookThe current stablecoin market capitalization is $244.5 billion, which represents around 8% of the total crypto market cap, which is just over $3 trillion, according to Coingecko.The lion’s share of the stablecoin market is currently dominated by Tether, which has a 61% share with $149 billion USDT in circulation.Circle is second with $61 billion in USDC circulation, giving it a 25% market share, and decentralized USDS (formerly DAI) is third with 3% of the stablecoin market.PayPal has seen significant growth for its PYUSD stablecoin this year. However, it has less than 0.36% market share. The company partnered with Coinbase recently to boost the adoption of its dollar-pegged stablecoin.SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!Source link

-- Price

--

You may also like

Interview with NDV Founder Jason Huang: Popping the AI Bubble and the Myth of Microstrategy, Seeking the Ultimate Ace in the Crypto Market

Exclusive Interview with NDV Founder Jason Huang: MicroStrategy's coin selling triggered a stampede, BTC has fallen into a liquidity squeeze, and the current market has not yet bottomed out, patiently waiting for a "FTX-level" iconic panic event to clear.

Morning Report | Former Ethereum Foundation researcher establishes Ethlabs; EU Parliament Economic Committee passes digital euro regulatory proposal

Overview of Important Market Events on June 23

Dragonfly partner Haseeb: The fastest-growing companies in the future may all be stuck at 149 people

The pricing of large models is actually an "AI tax": it shackles large enterprises with computing power constraints, slows down automation, but turns subscriptions into a subsidy for small teams' innovative dividends. By capping the scale at under 149 people, startups can continuously experiment wit...

How xBubble Breaks the Deadlock in VC's Heavy Investment in the OPC Economy

DAPPOS launched xBubble, using the innovative model of "SOP is business" to solve the challenges of implementing AI Coding, allowing OPCs who do not understand technology to create a real business closed loop with zero threshold.

The encrypted unicorn Blockstream is deeply embroiled in a serious fraud case

As a mining note product aimed at investors, it inherently carries significant risks. This leaves considerable room for further explanation regarding BMN's actual scale, use of funds, sources of income, and governance disclosures.

Morning Report | The South Korean Financial Services Commission plans to expand the regulatory sandbox to include virtual assets; the parent company of the New York Stock Exchange, ICE, has reached a partnership with OKX to jointly establish a cryptocu...

Overview of Important Market Events on June 22

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com