Treasury Secretary cites $3 trillion stablecoin market potential by 2030 amid rapid industry growth despite broader crypto downturn.
The stablecoin market has surged to $300 billion, defying a broader cryptocurrency slump, with projections estimating it could expand to $3 trillion by 2030. This growth is driven by increasing adoption in payments and blockchain-based financial infrastructure.
Mastercard and Visa are positioning themselves as key players, integrating stablecoins into their payment networks. Mastercard’s Crypto Partner Program, launched in March 2026, includes major firms like PayPal, Circle, and Binance, while Visa now accepts stablecoin payments through crypto partners.
The shift reflects efforts to bridge traditional finance with digital assets, as stablecoins gain traction for transactions and settlements. Analysts highlight their role in reducing volatility compared to other cryptocurrencies.