The outlook for crypto finance improved dramatically with the change of administrations and the passage of the GENIUS Act. From January through the end of the “crypto summer of 2025”, outstanding $US stablecoins increased by $80 billion, to a total $280 billion in circulation. The recent surge in stablecoin issuance has caused some market experts to estimate that, by 2030, under base-case assumptions, the volume of outstanding $US stablecoins will reach $1.9 trillion.
Under more bullish assumptions, stablecoins in circulation could reach $4 trillion.
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