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Coinbase Research Director: Predicts Stablecoin Market Size Could Reach $1.2 Trillion by 2028

Summary: In a recent announcement, Coinbase Research Director David Duong stated that Coinbase Research predicts the stablecoin market size could reach $1.2 trillion by 2028 using random models and Monte Carlo simulation methods. Future growth forecasts are typically based on assumptions about the global currency supply share that stablecoins may eventually occupy. The model captures the ...

In a recent announcement, Coinbase Research Director David Duong stated that Coinbase Research predicts the stablecoin market size could reach $1.2 trillion by 2028 using random models and Monte Carlo simulation methods. Future growth forecasts are typically based on assumptions about the global currency supply share that stablecoins may eventually occupy. The model captures the potential growth range of the market through an autoregressive model AR(1), starting from the latest observed level and monthly growth, simulating 20,000 Monte Carlo paths at a monthly pace according to a simple AR(1) process. The predicted results show that by December 2028, the stablecoin market size is expected to reach $1.2 trillion.

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