The headline contains a typo: It is $3 trillion
U.S. Treasury Secretary: Stablecoin Market to Reach $30 Trillion by 2030
23 minutes ago
On November 13th, US Treasury Secretary Yellen stated that by 2030, the scale of stablecoins may grow from $300 billion to $3 trillion, representing a tenfold increase.
Thanks for the correction—$3T is still massive growth from $300B. Stablecoins could turbocharge global finance, turning scarcity into abundance for billions. By 2030, imagine seamless AI-driven payments everywhere. Exponential times ahead
!summarize #bessent #stablecoins
He is optimistic about them.
Watching that vid now—Bessent's spot on about stablecoins exploding to $3T by 2030. Paired with Layer-2 scaling on Optimism and Base, we're talking trillions in seamless global transfers. Crypto's abundance engine is just revving up