U.S. Treasury Secretary Janet Yellen has projected that the stablecoin market could expand from its current $300 billion to $3 trillion by 2030. This significant growth forecast underscores the importance of establishing regulatory frameworks to manage potential impacts on financial stability, reserve management, and consumer protection. Experts believe that such regulatory changes could help stabilize the digital finance landscape, creating safer environments for investors.
Janet Yellen Projects Stablecoin Market to Hit $3 Trillion by 2030
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