美國財政部預測，到2028年，穩定市場的市值可以達到2T

這標誌著目前約2400億美元的水平增長了7倍。同時，MEXC COO表示，這個里程碑可能會更快地實現

The US Department of the Treasury predicts that the stablecoin market could reach a market capitalization of $2 trillion by 2028. This marks a sevenfold increase from its current level of approximately $240 billion.

美國財政部預測，到2028年，穩定市場的市值可能達到2萬億美元。這比目前約2400億美元的水平增長了7倍。

Meanwhile, MEXC COO has stated that this milestone may be achieved sooner, possibly by next year.

同時，MEXC COO表示，這一里程碑可能會更快地實現，可能是明年的。

Why the Stablecoin Market is Set to Explode by 2028

為什麼穩定市場將在2028年爆炸

The Treasury Department shared its optimistic outlook in the Treasury Borrowing Advisory Committee’s (TBAC) report released on April 30. The report highlighted several key drivers for rapid adoption and market growth.

財政部在4月30日發布的國庫借貸諮詢委員會（TBAC）的報告中分享了其樂觀的前景。該報告強調了一些快速採用和市場增長的主要驅動力。

Institutional interest in crypto products, such as Bitcoin (BTC) and Ethereum (ETH) ETFs, is on the rise. Notably, stablecoins play a central role in blockchain-based transactions, especially as the tokenization of financial assets expands.

對加密產品（例如比特幣（BTC）和以太坊（ETH）ETF）的機構興趣正在上升。值得注意的是，Stablecoins在基於區塊鏈的交易中起著核心作用，尤其是隨著金融資產的令牌化的擴展。

Merchant integrations, like PayPal’s acceptance of stablecoins, broaden their practical use as a payment mechanism. The rise of interest-bearing stablecoins enhances their appeal as a store of value and yield-generating asset.

貝寶（Paypal）對穩定幣的接受等商人集成將其實際用作用作付款機制。承擔興趣的穩定蛋白的興起增強了其作為價值和產生產生資產的吸引力。

Additionally, clearer regulatory frameworks, including the potential inclusion of stablecoins in liquidity management strategies and allowing banks to access public blockchains, would integrate stablecoins into traditional financial systems. These developments position stablecoins for significant market expansion.

此外，更清晰的監管框架，包括潛在的流動性管理策略中的穩定幣並允許銀行訪問公共區塊鏈，將使Stablecoins整合到傳統的金融系統中。這些發展的位置穩定穩定的市場擴張。

“Evolving market dynamics, structures, and incentives have the potential to accelerate stablecoins’ trajectory to reach ~$2 trillion in market cap by 2028,” the report read.

報告寫道：“不斷發展的市場動態，結構和激勵措施有可能在2028年加速Stablecoins的軌跡，達到約2萬億美元的市值。”

Currently, USD-pegged stablecoins dominate the market, accounting for over 99% of the market cap. Tether (USDT) is the leading player, with a capitalization of $145 billion. Circle’s USDC (USDC) comes in second with a market cap of $60 billion.

目前，美元固定的穩定股佔據主導地位，佔市值的99％以上。 Tether（USDT）是領先的球員，資本化為1450億美元。 Circle的USDC（USDC）以600億美元的市值排名第二。

Thus, their growing adoption could have implications for the banking and Treasury markets. Stablecoins, particularly those that are yield-bearing or offer unique payment features, could lead to a shift in demand from traditional bank deposits to stablecoins.

因此，他們日益增長的採用可能會對銀行和財政市場產生影響。穩定幣，尤其是那些屈服或提供獨特的付款功能的穩定幣，可能會導致需求從傳統的銀行存款轉變為穩定幣。

In response, banks may need to raise interest rates or find alternative funding sources. Additionally, the report noted that stablecoin adoption could increase demand for short-term Treasuries.

作為回應，銀行可能需要提高利率或尋找替代資金來源。此外，該報告指出，穩定的採用率可能會增加對短期國庫的需求。

This is contingent on the passing of the GENIUS Act. The proposed bill mandates that stablecoin issuers hold US Treasuries as reserves. Additionally, the reserve requirements outlined in the bill could help mitigate the risk of de-pegging. This would reduce the need for issuers to rely on the Federal Reserve during times of stress or volatility.

這取決於天才法的過去。擬議的法案規定，Stablecoin發行人將我們作為儲備金授予美國國債。此外，該法案中概述的儲備要求可以幫助減輕脫鉤的風險。這將減少發行人在壓力或波動期間依靠美聯儲的需求。

“Demand in stablecoins could have a net neutral impact on the US money supply, however the attractiveness of USD-pegged stablecoins could drive currently non-USD liquidity holdings into USD,” the report added.

報告補充說：“ Stablecoins的需求可能會對美國的貨幣供應產生淨中性影響，但是美元固定的Stablecoins的吸引力可能會將目前非USD流動性持有量推向美元。”

MEXC COO Predicts $2 Trillion Stablecoin Market by 2026

MEXC COO預測到2026年$ 2萬億美元的Stablecoin市場

Nonetheless, Tracy Jin, COO of cryptocurrency exchange MEXC, believes a $2 trillion market may be closer.

儘管如此，加密貨幣交易所MEXC的首席運營官Tracy Jin認為，一個2萬億美元的市場可能會更近。

“With many sovereign banks and corporations exploring stablecoin issuance, particularly in other fiat currencies, and governments prioritizing regulation clarity, the stablecoin market cap could exceed $2 trillion by 2026,” Jin told BeInCrypto.

Jin告訴Beincrypto：“隨著許多主權銀行和公司探索穩定的發行，尤其是在其他法定貨幣中，以及優先考慮法規清晰度的政府，到2026年，Stablecoin市值可能會超過2萬億美元。”

Jin highlighted that ongoing macroeconomic uncertainty will likely drive further growth in stablecoin market capitalization.

金強調，正在進行的宏觀經濟不確定性可能會推動Stablecoin市值的進一步增長。

“Despite the recent volatile market landscape, stablecoin demand has remained resilient, growing over $38 billion year-to-date. Stablecoins now account for 1% of the global M2 USD money supply, processing over $33 trillion in volume in the last year, including $2.8 trillion in the last month alone,” she said.

她說：“儘管最近有波動的市場景觀，但Stablecoin的需求仍然具有彈性，超過380億美元的年代增長。現在，Stablecoins佔全球M2 USD貨幣供應量的1％，去年處理了超過33萬億美元的貨幣，其中包括上個月的2.8萬億美元，”她說。

According to Jin, the expanding role of these assets in decentralized finance (DeFi), cross-border payments, and digital asset trading is expected to be crucial in the next phase of cryptocurrency market growth and the broader mainstream adoption of digital assets.

根據Jin的說法，這些資產在分散融資（DEFI），跨境支付和數字資產交易中的擴大作用預計將在下一階段加密貨幣市場增長和更廣泛的數字資產的主流採用中至關重要。

Their capacity to provide stability and liquidity, particularly during times of market volatility and liquidity shortages, solidifies their importance as a core asset for institutional and retail investors.

他們提供穩定和流動性的能力，尤其是在市場波動和流動性短缺時期，它們作為機構和散戶投資者的核心資產鞏固了其重要性。