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Coinbase Research Director: Predicts Stablecoin Market Size Could Reach $1.2 Trillion by 2028
BlockBeats News, August 21st, Coinbase's Research Director David Duong wrote that Coinbase Research used a random model and Monte Carlo simulation method to predict that the stablecoin market could reach $1.2 trillion by 2028. Future growth projections are typically based on assumptions about the share of the global money supply that stablecoins could ultimately occupy. The model captures the potential growth range of the market through an autoregressive model AR(1), starting from the latest observed level and month-over-month growth, and simulating 20,000 Monte Carlo paths at a monthly pace according to a simple AR(1) process. The predicted results show that by December 2028, the stablecoin market could reach $1.2 trillion.
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