Pendle: Stablecoin Pool Nominal Trading Volume Exceeds $6 Billion Year-to-Date, Projected to Grow to $2 Trillion in Coming Years

BlockBeats News, September 28 — Pendle published an article stating that the current stablecoin supply is approximately $300 billion. Standard Chartered Bank predicts that the stablecoin market size will reach $2 trillion by 2028, while Citibank estimates it will reach $1.9 trillion by 2030. Banks and payment networks are also preparing to enter this market. Pendle noted that even under JPMorgan's "worst-case" scenario, where the stablecoin supply only doubles, the total addressable market (TAM) for stablecoins could double within the next 1.5 years and expand to 10 times its current size within 4 years. Data shows that Pendle's stablecoin pool nominal trading volume has already exceeded $6 billion year-to-date. Emerging stablecoins like AUSD continue to grow, and Dune has referred to this phenomenon as the "Pendle Effect." As the stablecoin market expands, Pendle will continue to position itself in this sector. [Original Link]