Blockstreet Co-founder: Trump-backed USD1 may surpass USDT and USDC in 2028
5hours ago
According to Odaily Planet Daily, Blockstreet co-founder Kyle Klemmer stated that by the end of President Trump's term in 2028, his family-backed stablecoin USD1 is expected to replace USDT and USDC as the world's largest stablecoin. He stated that USD1 could become the most widely adopted stablecoin thanks to its strong team and market popularity. USD1 currently has a market capitalization of approximately $2.5 billion and has been issued on Ethereum, BNB Chain, Tron, and Solana, and is accepted by some exchanges. Analysts predict that the stablecoin industry will grow to $2.8 trillion over the next five years, and despite fierce market competition, Klemmer remains optimistic about the prospects for USD1. (Decrypt)
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