The post Stablecoin Market Will Surge to $1.2 Trillion by 2030: Coinbase appeared on BitcoinEthereumNews.com. The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. Projection of stablecoin market cap by 2028. Source: Coinbase This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points (BPS), contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote: “We think the forecast doesn’t require unrealistically large or permanent rate dislocations to materialize; instead, it relies on incremental, policy-enabled adoption compounding over time.” The passage of the GENIUS bill, a comprehensive regulatory framework for stablecoins in the US that will take effect in January 2027, is a catalyst for the growth of the stablecoin market, Coinbase said. However, the legislation in the US has forced other countries to consider legalizing their own stablecoins to remain competitive with the dollar in the digital age. Related: US Treasury calls for public comment on GENIUS stablecoin bill Stablecoin sector grows as other countries signal they are joining the race Private stablecoin issuers like Tether and Circle have become top buyers of US government debt, eclipsing countries like South Korea, the United Arab Emirates (UAE), and Germany. In 2025, stablecoin issuers have become some of the largest buyers of US government debt, surpassing most countries. Source: Coinbase Dollar-denominated stablecoins have dominated the market thus far, but other countries are now exploring stablecoins as a supplement to their traditional fiat currencies. South Korea’s… The post Stablecoin Market Will Surge to $1.2 Trillion by 2030: Coinbase appeared on BitcoinEthereumNews.com. The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin issuers, who use short-term US Treasury bills as backing collateral for their digital fiat tokens. Projection of stablecoin market cap by 2028. Source: Coinbase This issuance schedule would cause a minor and temporary drop in three-month Treasury yields of about 4.5 basis points (BPS), contrary to analyst predictions that demand from stablecoin issuers will significantly reduce the interest on US government debt. Coinbase wrote: “We think the forecast doesn’t require unrealistically large or permanent rate dislocations to materialize; instead, it relies on incremental, policy-enabled adoption compounding over time.” The passage of the GENIUS bill, a comprehensive regulatory framework for stablecoins in the US that will take effect in January 2027, is a catalyst for the growth of the stablecoin market, Coinbase said. However, the legislation in the US has forced other countries to consider legalizing their own stablecoins to remain competitive with the dollar in the digital age. Related: US Treasury calls for public comment on GENIUS stablecoin bill Stablecoin sector grows as other countries signal they are joining the race Private stablecoin issuers like Tether and Circle have become top buyers of US government debt, eclipsing countries like South Korea, the United Arab Emirates (UAE), and Germany. In 2025, stablecoin issuers have become some of the largest buyers of US government debt, surpassing most countries. Source: Coinbase Dollar-denominated stablecoins have dominated the market thus far, but other countries are now exploring stablecoins as a supplement to their traditional fiat currencies. South Korea’s…