Stablecoins expected to grow five-fold to $2tn by 2028. Here’s what’s super-charging the growth

Stablecoins are changing hands more than ever, with the market looking set to grow five times over to be worth $2 trillion by 2028, according to new research from British bank Standard Chartered. The new report also notes that stablecoins have found more use cases, which has drummed up velocity, the rate the digital tokens are turned over. “Overall stablecoin velocity has doubled over the past two years, with stablecoins now turning over six times a month on average,” the report authored by Geoff Kendri ...

Stablecoins expected to grow five-fold to $2tn by 2028. Here’s what’s super-charging the growth - Reportify