According to BusinessWire, a new study by Juniper Research found that by 2028, the value of global stablecoin-driven payment transactions will exceed $187 billion, far higher than $53 billion in 2023.
The study found that stablecoins have made rapid progress in the cross-border market in particular. By 2028, cross-border stablecoin payment transactions will account for nearly 73% of the total global stablecoin payment transactions, showing the dominance of cross-border use cases.
In addition, the report pointed out that the main obstacle to further growth of stablecoins is acceptance, and their launch requires the establishment and expansion of new networks.