美国财政部预测，到2028年，稳定市场的市值可以达到2T

这标志着目前约2400亿美元的水平增长了7倍。同时，MEXC COO表示，这个里程碑可能会更快地实现

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.

美国财政部预测，到2028年，稳定市场的市值可能达到2万亿美元。这比目前约2400亿美元的水平增长了7倍。

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

同时，MEXC COO表示，这一里程碑可能会更快地实现，可能是明年的。

Why the Stablecoin Market is Set to Explode by 2028

为什么稳定市场将在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.

财政部在4月30日发布的国库借贷咨询委员会（TBAC）的报告中分享了其乐观的前景。该报告强调了一些快速采用和市场增长的主要驱动力。

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.

对加密产品（例如比特币（BTC）和以太坊（ETH）ETF）的机构兴趣正在上升。值得注意的是，Stablecoins在基于区块链的交易中起着核心作用，尤其是随着金融资产的令牌化的扩展。

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.

贝宝（Paypal）对稳定币的接受等商人集成将其实际用作用作付款机制。承担兴趣的稳定蛋白的兴起增强了其作为价值和产生产生资产的吸引力。

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，更清晰的监管框架，包括潜在的流动性管理策略中的稳定币并允许银行访问公共区块链，将使Stablecoins整合到传统的金融系统中。这些发展的位置稳定稳定的市场扩张。

“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.

报告写道：“不断发展的市场动态，结构和激励措施有可能在2028年加速Stablecoins的轨迹，达到约2万亿美元的市值。”

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，美元固定的稳定股占据主导地位，占市值的99％以上。 Tether（USDT）是领先的球员，资本化为1450亿美元。 Circle的USDC（USDC）以600亿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，他们日益增长的采用可能会对银行和财政市场产生影响。稳定币，尤其是那些屈服或提供独特的付款功能的稳定币，可能会导致需求从传统的银行存款转变为稳定币。

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.

作为回应，银行可能需要提高利率或寻找替代资金来源。此外，该报告指出，稳定的采用率可能会增加对短期国库的需求。

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.

这取决于天才法的过去。拟议的法案规定，Stablecoin发行人将我们作为储备金授予美国国债。此外，该法案中概述的储备要求可以帮助减轻脱钩的风险。这将减少发行人在压力或波动期间依靠美联储的需求。

“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.

报告补充说：“ Stablecoins的需求可能会对美国的货币供应产生净中性影响，但是美元固定的Stablecoins的吸引力可能会将目前非USD流动性持有量推向美元。”

MEXC COO Predicts $2 Trillion Stablecoin Market by 2026

MEXC COO预测到2026年$ 2万亿美元的Stablecoin市场

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

尽管如此，加密货币交易所MEXC的首席运营官Tracy Jin认为，一个2万亿美元的市场可能会更近。

“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告诉Beincrypto：“随着许多主权银行和公司探索稳定的发行，尤其是在其他法定货币中，以及优先考虑法规清晰度的政府，到2026年，Stablecoin市值可能会超过2万亿美元。”

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

金强调，正在进行的宏观经济不确定性可能会推动Stablecoin市值的进一步增长。

“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.

她说：“尽管最近有波动的市场景观，但Stablecoin的需求仍然具有弹性，超过380亿美元的年代增长。现在，Stablecoins占全球M2 USD货币供应量的1％，去年处理了超过33万亿美元的货币，其中包括上个月的2.8万亿美元，”她说。

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.

根据Jin的说法，这些资产在分散融资（DEFI），跨境支付和数字资产交易中的扩大作用预计将在下一阶段加密货币市场增长和更广泛的数字资产的主流采用中至关重要。

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.

他们提供稳定和流动性的能力，尤其是在市场波动和流动性短缺时期，它们作为机构和散户投资者的核心资产巩固了其重要性。