Coinbase Research Director: Predicts that the stablecoin market size could reach 1.2 trillion USD by 2028.

Foresight News reports that David Duong, the Research Director at Coinbase, stated that Coinbase Research uses random models and Monte Carlo simulation methods to predict that the stablecoin market size could reach $1.2 trillion by 2028. Future growth forecasts are typically based on assumptions about the share of the global money supply that stablecoins could eventually occupy. The model captures the potential growth range of the market through an autoregressive model AR(1), starting from the most recently observed levels and the latest observed monthly growth, simulating 20,000 Monte Carlo paths at a monthly pace according to a simple AR(1) process. The results predict that by December 2028, the stablecoin market size is expected to reach $1.2 trillion.