The stablecoin market is growing robustly thanks to new regulations, institutional demand, and practical utility.
Stablecoins are increasingly asserting their important role in the global financial ecosystem, projected to reach a value of trillions of USD in the coming years.
MAIN CONTENT
The stablecoin market is currently around 300 billion USD, expected to exceed 1.2 trillion USD by 2028.
The main driving factors are new regulations, institutional demand, and real-world applications.
Ripple leads the expansion of the stablecoin market in Japan and globally.
How is the stablecoin market driven by practical utility and institutional demand?
The stablecoin market, currently valued at nearly 300 billion USD, has tremendous growth potential thanks to regulations and integration with fintech. Reece Merrick, Executive Director at Ripple for the Middle East and Africa, stated that these factors allow stablecoins to play a significant role in the stability and liquidity of the volatile financial ecosystem.
Stablecoins are getting closer to becoming an indispensable part of global finance as practical application demand and institutional interest surge.
Why is Ripple seen as a leader in the stablecoin market?
Ripple is at the forefront of leveraging opportunities from the rapidly developing stablecoin market. The company collaborates with SBI VC Trade – a member of SBI, an entity licensed to issue stablecoins in Japan, to introduce RLUSD in this market.
This agreement enhances access and trust regarding stablecoins in Japan, promoting utility and convenience for users in the region.
How do experts assess the potential of the stablecoin market?
Finance Minister Scott Bessent views stablecoins as increasing demand for U.S. treasury bonds and emphasizes the importance of the GENIUS Act in providing a clear legal framework to develop this market into a multi-trillion dollar industry.
He believes that stablecoins will expand global access to USD and benefit users, issuers, and U.S. financial regulators simultaneously.
"The implementation of the GENIUS Act is an essential condition to ensure the United States' leading position in digital assets. Stablecoins will expand access to USD for billions of people globally and drive demand for U.S. treasury bonds, creating benefits for all stakeholders."
– Scott Bessent, U.S. Secretary of the Treasury, 2025
Ripple CEO Brad Garlinghouse forecasts that the stablecoin market could nearly tenfold, from the current 250 billion USD to 2 trillion USD in the coming years.
What are Wall Street financial firms' outlooks on the stablecoin market?
Goldman Sachs describes the phenomenon of the 'stablecoin gold rush', with the global market size around 271 billion USD and a forecast for USDC to grow by an additional 77 billion USD by 2027. The demand and potential for the total market is estimated to be in the trillions of USD.
Coinbase forecasts that the USD-backed stablecoin market could reach a value of 1.2 trillion USD by 2028, while Standard Chartered is even more optimistic with a figure of 2 trillion USD. In contrast, JPMorgan expects a modest increase, reaching 500 billion USD primarily serving cryptocurrency and DeFi transactions.
Whether based on payments, trading, or institutional demand, the stablecoin industry is heading toward a future worth trillions of USD.
Frequently asked questions about the stablecoin market
What are stablecoins and their main role in global finance?
Stablecoins are cryptocurrencies pegged to a stable value, helping to increase liquidity and reduce volatility in financial ecosystems.
How will new regulations like the GENIUS Act affect the stablecoin market?
The GENIUS Act creates a clear legal framework, helping the stablecoin market develop safely, attract institutional investment, and expand global applications.
Why is Ripple considered the leader in the stablecoin market?
Ripple thrives through strategic partnerships with reputable partners like SBI, helping to expand stablecoins to the Japanese and global markets.
How is the stablecoin market expected to grow in the coming years?
The stablecoin market could reach between 500 billion and 2 trillion USD by 2028 depending on the forecasts of major financial institutions.
What are the main driving factors behind the current development of stablecoins?
Decisive factors include new legal regulations, demand from financial institutions, and the increasing practical application in payments and transactions.
Source: https://tintucbitcoin.com/ripple-tiet-lo-2-yeu-to-tang-truong-stablecoin/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
