PANews reported on August 21st that David Duong, head of research at Coinbase, projected the stablecoin market capitalization to reach $1.2 trillion by 2028. Coinbase Research employed a stochastic approach, using 20,000 Monte Carlo-like autoregressive modeling simulations, to analyze the potential market size. While stablecoin growth dynamics are difficult to fully predict, their gradual adoption among consumers and businesses could have a compounding effect on market size.