Data: By 2028, the global stablecoin-driven payment transaction value will exceed 187 billion dollars

ChainCatcher news, a new study by Juniper Research found that by 2028, the global value of payment transactions driven by stablecoins will exceed $187 billion, significantly higher than $53 billion in 2023.

The research indicates that stablecoins have made rapid progress, particularly in the cross-border market. By 2028, cross-border stablecoin payment transactions will account for nearly 73% of the total global stablecoin payment transaction value, demonstrating the dominance of cross-border use cases.

Additionally, the report notes that the main barrier to further growth of stablecoins is acceptance, as their launch requires the establishment and expansion of new networks. (Source link)