Goldman Sachs predicts that by the end of 2027, the market capitalization of the USDC stablecoin produced by Circle will grow to $ 77 billion. Now the international stablecoin market has about $ 271 billion, and the USDC will win by the growth of the market fraction of the largest crypto -book Binance and for the Binance and beyond its borders. The development of tokens will also be facilitated by the Genius law, which regulates the release of stablecoins.
“The potential total volume of the stablecoin market can be calculated by trillions. Payments are the most obvious area for expanding such cryptocurrencies in the long run. Now they are not fully used to make payments. In most cases, tokens are used for crypto trading, and the demand for stablecoins is due to dollar investments outside the United States, ”Goldman Sachs noted.
The US Minister of Finance Scott Bessent expressed a similar opinion that the Steiblcoin market, provided by the US dollar, is able to grow to trillion sizes. The legislation regulating stablecoins will spread their use, so $ 2 trillion is a very reasonable figure, the immortal believes.
Earlier, Paolo Ardoino, general director of Tether, producing USDT stableco, spoke about plans to enter the American market. The company intends to obtain the status of a foreign issuer of stabiblcoins in the United States.
Source: Bits

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