In a latest tweet, Coinbase forecasts that the stablecoin market cap may attain $1.2 trillion by 2028 buoyed by gradual, policy-driven adoption that will increase over time.
Stablecoin market cap may attain $1.2T by 2028.
We consider this estimate does not require extreme or everlasting charge disruptions, however gradual, policy-driven adoption that compounds over time.
Extra insights on stablecoin progress in our Analysis Group’s Market Intelligence report… pic.twitter.com/VPfe6m4wH2
— Coinbase Institutional 🛡️ (@CoinbaseInsto) August 22, 2025
Coinbase bases this prediction on its stochastic technique, which it says is each reasonable and in line with its front-end charges mannequin. At its present market valuation, stablecoins reaching $1.2 trillion would imply absorbing about $925 billion in U.S. Treasury Payments (T-Payments), or $5.3 billion per week over a length of 175 weeks, or roughly 40 months.
Coinbase additionally believes that the latest regulatory developments, akin to GENIUS Act, may additionally contribute to this progress, as it could assist to mitigate run dangers and create a extra resilient stablecoin ecosystem. Stablecoin market progress would even be depending on key elements akin to environment friendly ramps, extensive distribution networks and the increasing roles of market gamers.
Stablecoins achieve traction
In accordance with CoinMarketCap information, the entire market capitalization of prime stablecoin tokens is presently at $287.56 billion.
This week, Bullish acknowledged that it had deliberate to obtain $1.15 billion in revenues from its lately accomplished preliminary public providing in stablecoins, a historic first for the usage of stablecoins in an IPO in america.
Coinbase is solely liable for the custody of the IPO proceeds, the vast majority of which have been settled in USDC and a portion in EURC. A portion of the proceeds have been additionally settled in PayPal USD (PYUSD) and Ripple USD (RLUSD), amongst others.
In a latest itemizing, Coinbase introduced that World Liberty Monetary USD (USD1) stablecoin is now out there on the Coinbase platform and within the Coinbase iOS and Android apps, permitting customers to purchase, promote, convert, ship, obtain or retailer the stablecoin.

