r/CryptoCurrency • u/DirectionMundane5468 🟩 0 / 0 🦠 • 22h ago

GENERAL-NEWS Stablecoin market on track to hit $1.2tn after Coinbase maps 20,000 ways to get there

https://www.dlnews.com/articles/markets/stablecoin-market-1tn-coinbase-maps-20000-ways-to-get-there/
56 Upvotes

92% Upvoted

10 comments sorted by

8

u/DryMyBottom 🟩 0 / 0 🦠 21h ago

do we really need all those stablecoins?

1

u/oldbluer 🟩 0 / 0 🦠 18h ago

Well if stablecoin1 buys stablecoin2 with stablecoin1 then have stablecoin2 buy stablecoin1 with stablecoin2. We have a ponzi! Oh wait tether already does this

5

u/potatoMan8111 🟨 0 / 0 🦠 21h ago

Ether to the MOOOON!!!

1

u/AgitatedDragonfly769 🟦 0 / 0 🦠 21h ago

Everything to the moon

2

u/potatoMan8111 🟨 0 / 0 🦠 18h ago

Just ether

2

u/coinfeeds-bot 🟩 136K / 136K 🐋 22h ago

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.

1

u/notyouagain2 🟩 0 / 3K 🦠 20h ago

Quick, sell everything and put those profits into USDC for a massive 0.1x profit by 2028!

0

u/Frustrated_Bettor 🟩 0 / 0 🦠 21h ago

This bull run is going to be massive!

-1

u/oldbluer 🟩 0 / 0 🦠 18h ago

Pile of shit