#USStablecoinBill Capitalization of stablecoins will reach $2 trillion by 2028. This is stated in the report of the U.S. Department of the Treasury for the first quarter of 2025.

The total market value of stablecoins currently stands at around $230 billion, but the growth dynamics may accelerate, according to the document.

The department noted that stablecoins have become the main tool for transactions in blockchain networks, serving as a form of digital cash.

The Treasury also pointed to the emergence of tokenized money market funds that compete with stablecoins by offering yields to holders.