Stable coins could process a volume of $ 1 trillion by 2028 and revolutionize the foreign exchange market and the US monetary policy, according to a new report by Keyrock and Bitsso.
The future of the stablecoins: A look at the market by 2028 A recently published report by Keyrock and Bitsso predicts that stable coins could reach a trade volume of $ 1 trillion by 2028. This digital currency could not only change the financial markets considerably, but also influence the international currency environment and monetary policy in the United States. ...
Stable coins could process a volume of $ 1 trillion by 2028 and revolutionize the foreign exchange market and the US monetary policy, according to a new report by Keyrock and Bitsso.
The future of the stable coins: A look at the market until 2028
A recently published report by Keyrock and Bitso predicts that stable coins could reach a trade volume of $ 1 trillion by 2028. This digital currency could not only change the financial markets considerably, but also influence the international currency environment and monetary policy in the United States.
What are stablecoins?
stable coins are digital currencies that are bound to traditional currencies or other assets to minimize price fluctuations. They offer the advantages of blockchain technology, such as speed and efficiency, without the high volatility that can often be observed in other cryptocurrencies such as Bitcoin or Ethereum.
Potential of the stable coins
The analysts of Keyrock and Bitso emphasize that stable coins have the potential to disturb the foreign exchange markets (FX markets). An adoption on a large scale could lead to stable coins as a means of payment in international business and the way in which transactions are handled across national borders.
In addition, stablecoins could also have an impact on the monetary policy of the United States. If stable coins are widespread, this could influence the demand for traditional currencies and thus the possibilities of the central bank to control the money supply.
FAZIT
Developments in the field of stable coins are only at the beginning, but the forecasts are promising. A trading volume of $ 1 billion by 2028 could not only challenge the structure of the traditional financial markets, but also create new dynamics in the international currency system and monetary policy. The report by Keyrock and Bitso thus provides valuable insights into the future of finances and the role that stable coins could play.