US Treasury Predicts Stablecoin Market Could Surge to $2 Trillion by 2028
The US Treasury has projected an 8.3x growth in the stablecoin market, from $234 billion in April 2025 to $2 trillion by 2028. This forecast hinges on the passage of the GENIUS Act, which aims to establish clear regulatory frameworks for digital assets.
Stablecoins, pegged to stable assets like the US dollar, have become a cornerstone of the crypto economy. Their growth reflects broader institutional adoption and the maturation of blockchain-based financial systems.
The GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) seeks to define payment stablecoins as redeemable digital assets. Regulatory clarity could accelerate mainstream acceptance and integration with traditional finance.