TL;DR
- Secretary Scott Bessent raised his projection by 50%, anticipating a “super-cycle” for stablecoins.
- For the first time, the Treasury qualifies this sector as a structural engine for US debt demand.
- Bernstein and Citi analysts back the bullish trend, pointing to Circle as the best-positioned player.
The stablecoin segment is heading toward an unprecedented expansion. In recent statements, Treasury Secretary Scott Bessent marked a paradigm shift in US financial policy. The official stated that he expects the stablecoin market to reach $3 trillion by 2030.
This figure represents a 50% increase from his previous projection and suggests the sector will grow tenfold from its current valuation of $300 billion.
Secretary Bessent attributed this explosive stablecoin market growth to innovation facilitated by the Genius Act. A highlight of his speech was the explicit recognition of these digital assets not only as financial technology but as a future fundamental pillar for US sovereign debt demand.
He emphasized that his department is closely monitoring this sector, acknowledging stablecoin issuers as large buyers of Treasury bills (T-bills), thus integrating them into the long-term debt management strategy.
A Pillar for Liquidity and Sovereign Debt
The government’s optimism coincides with investment banking projections. For instance, Citi is even more bullish, forecasting that the sector could touch $4 trillion by the end of the decade.
At the same time, a new report from wealth management firm Bernstein highlights that stablecoin market growth will transform these assets into a dominant force in global liquidity and real-world payments.
Bernstein analysts, led by Gautam Chhugani, emphasize that stablecoins are one of the crypto ecosystem’s most durable and non-cyclical sectors. They are expected to act as the primary settlement infrastructure for payment processors and tokenized markets.
In this competitive environment, the report points to Circle, issuer of USDC, as the most strategically positioned company. Thanks to its solid regulatory compliance, integration across 28 blockchains, and partnerships with giants like Coinbase and Binance, Circle already facilitates $2.7 trillion in annual transaction volume, consolidating itself as a leader in this new financial era.
