5 Reasons Why Stablecoins Will Be $1+ Trillion In Market Cap In 5 Years

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Per the chart above, stablecoins recently blew by $10 billion in market cap. Up 70+ in just the last three months!

In our most recent episode of “Stablecoins Are Killing It”, all three panelists stated their belief that the stablecoin marketplace can 10X in the next year and surpass $100 billion.

Looking out a few years beyond that, stablecoins can 10X again from there and surpass $1,000,000,000,000 (one trillion dollars) in market cap for these five simple reasons

1. The Market For Dollars Is HUGE & Growing Fast

Stablecoins, today, are largely just digitizing dollars. Similar to how Craig’s List started digitizing classified ads 25 years ago. It turns out, things have more utility when they’re digitized. And the digitization of dollars represents a massive opportunity because it’s a huge and growing market with modest digitzation to date.

M1 is the most basic view of U.S. dollars, and includes physical currency, demand deposits, travelers’ checks, other checkable deposits, and negotiable order of withdrawal accounts.M1 passed $5 trillion for the first time last week. That’s…