Share this article
Stablecoin Market to Soar to Almost $3T in Next 5 Years: Bernstein
That's up from $125 million now as use should grow with more co-branded partnerships, a report from the firm said.
Updated Apr 9, 2024, 11:08 p.m. Published Aug 9, 2023, 9:33 a.m.
The stablecoin market is expected to grow to $2.8 trillion in the next five years from $125 billion now, broker Bernstein said in a research report Wednesday.
Integration with consumer platforms will lead to a “growth flywheel” for stablecoins — a type of cryptocurrency that's typically pegged to the U.S. dollar — allowing issuers to capture users and expand distribution beyond crypto native platforms, the report said.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
“We expect major global financial and consumer platforms to issue co-branded stablecoins to power value-exchange on their platforms,” analysts led by Gautam Chhugani wrote.
Just this week, payments giant PayPal (PYPL) said it is entering the crypto market with its own dollar-pegged stablecoin, . This is a first for a major financial company. The Ethereum-based token will be available first on PayPal and then on Venmo, and can be exchanged for dollars at any time.
Stablecoins will be powered by a “hyper-fast financial settlement layer (layer 2 or centralized consumer platforms)” on public blockchains such as Ethereum, the note said.
Growth will be led by “regulated, onshore stablecoins," the analysts wrote.
“Stablecoin regulation enjoys more political support than crypto regulation,” with multiple jurisdictions including Singapore, Hong Kong and Japan, all launching pilot projects for stablecoins and central bank digital currencies, the report added.
Read more: Tokenization Could Be a $5T Opportunity Led by Stablecoins and CBDCs: Bernstein
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
What to know:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
Top Stories
