David Pakman, managing partner at the crypto investment firm CoinFund, has predicted that the total supply of stablecoins could skyrocket to $1 trillion by the close of 2025
Crypto investment firm CoinFund managing partner David Pakman has claimed that the total supply of stablecoins could hit $1 trillion by the end of 2025, potentially fueling the growth of the broader cryptocurrency market.
Speaking on the Capital Chain Magic podcast, Pakman said that the supply of stablecoins could increase dramatically in 2025, as it stands at $225 billion and could reach $1 trillion by the year’s end. He added that this would be a huge change for blockchain finance, although it would still be small in comparison to global financial markets.
Pakman also discussed how the rising capital flowing onto blockchain platforms, along with the increasing interest in exchange-traded funds (ETFs), could be a major boon for decentralized finance (DeFi).
He stated that if ETFs were to offer staking rewards or yield to holders, then it would spark a notable surge in DeFi activities.
Stablecoins have hit a high of $208 billion in supply across the five largest coins, according to the latest data from CoinGecko on March 28, and they have been showing consistent growth throughout the year.
Pakman highlighted that this expanding stablecoin supply is a crucial development that could bring in more participants to the blockchain ecosystem.
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