The stablecoin market is rapidly gaining attention from industry leaders, regulators, and Wall Street giants. New regulations, growing institutional interest, and increasing real-world utility are driving its growth.
Let us have a look at what the experts have to say.
Utility and Institutional Demand To Drive The Next Wave
Reece Merrick, Senior Executive Officer and Managing Director in the Middle East and Africa at Ripple, highlights that the stablecoin market, currently valued at around $300 billion, is on track for remarkable growth.
He says that the rapid growth is being driven by new regulations, like the U.S. GENIUS Act, and stronger connections with fintech, showing how stablecoins are becoming increasingly important for stability and liquidity across the volatile financial ecosystems.
The stablecoin market, currently valued at approximately $300 billion, is projected to experience significant growth, potentially reaching $1.2 trillion by 2028, with some forecasts reaching up to $2.8 trillion by 2028
This robust expansion, underpinned by regulatory…
— Reece Merrick (@reece_merrick) August 25, 2025
As stablecoins become central to the global financial system, the next wave of adoption will be driven by real-world use and institutional demand.
Ripple Leading the Push In Stablecoin Market
Ripple is at the forefront, taking full advantage of this growing market.
It recently partnered with SBI VC Trade, a subsidiary of SBI, to bring RLUSD to the Japanese market. SBI VC Trade has been a leader in Japan’s crypto space, handling stablecoins with an official license. This move will make stablecoins more accessible, reliable, and convenient for users in Japan.
Experts Weigh In On Stablecoin Market Potential
Treasury Secretary Scott Bessent believes that stablecoins will increase demand for U.S. Treasuries. He has also highlighted that the GENIUS Act provides the regulatory clarity needed for the stablecoin market to grow into a multitrillion-dollar indus