US Treasury Secretary: It is expected that by the end of 2028, the size of the US stablecoin market will exceed $2 trillion

According to BlockBeats, on June 12th, US Treasury Secretary Vicente stated during a Senate hearing on Wednesday that with legislative support, it is expected that the size of the US dollar stablecoin market will exceed $2 trillion by 2028. Besant said, "I believe that the stable currency legislation supported by US treasury bond bonds or short-term treasury bills will create a market and expand the use of US dollars globally through these stable currencies. I think US $2 trillion is a very reasonable figure, and I expect that it will be far more than that in the future." (The Block)