Goldman Sachs Forecasts Trillion-Dollar Stablecoin Surge as USDC Poised for Dominant Growth
Goldman Sachs projects a trillion-dollar expansion in the stablecoin market as traditional financial institutions rapidly adopt these digital assets. Regulatory clarity, particularly through the GENIUS Act, is accelerating institutional participation.
US Treasury Secretary Scott Bessent emphasizes stablecoins' potential to drive increased demand for US Treasuries, with the government considering expanded short-term debt issuance to accommodate crypto-backed demand.
The bank's research team anticipates USD Coin (USDC) capturing significant market share, forecasting $77 billion growth at a 40% compound annual growth rate through 2027. This 'stablecoin gold rush' underscores the deepening integration between cryptocurrency and traditional finance.
