Stablecoins are projected to reach 1.2 trillion USD by 2028, growing from a current size of around 270 billion USD. This growth is contingent upon policy-driven adoption.
Analysts anticipate that this influx could decrease three-month Treasury yields by 2-4 basis points, affecting institutional funding costs within the 6 trillion USD money market.
The GENIUS Act, effective in 2027, aims to stabilize the market by enforcing reserves, audits, and protections for holders, addressing risks related to redemption surges.
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