Stablecoin regulation accelerates, OKG predicts that stablecoin trading volume may exceed $100 trillion by 2030
According to news from Hash World Chain, OKG Research indicates that due to the positive progress in stablecoin legislation in the United States and Hong Kong this week, the global stablecoin market will enter a compliance acceleration phase. According to their estimation model, if institutions and individuals widely adopt it, the global stablecoin supply could reach $3 trillion by 2030, with annual trading volume potentially exceeding $100 trillion. Currently, the market capitalization of stablecoins is about $250 billion, and trading volume has exceeded $3.7 trillion since the beginning of the year. Furthermore, OKG Research points out that if 50% of future stablecoin reserves are allocated to short-term U.S. Treasury bonds, the demand from issuers for U.S. Treasury bonds could reach $1.5 trillion, which would increase the proportion of total short-term U.S. Treasury bonds from the current 3.2% to over 20%, similar to the levels of overseas sovereign holdings such as those of China and Japan.