US Stablecoin Market May Hit $2T by 2028: Yellen

June 13, 2025

Catenaa, Friday, June 13, 2025- US Treasury Secretary Scott Bessent told a Senate hearing Wednesday that the US dollar-backed stablecoin market has the potential to exceed $2 trillion within three years, contingent on supportive legislation. Bessent referenced estimates from the Senate Appropriations Committee, which forecast the GENIUS Act could expand the stablecoin market to that […]