TechFlow news, according to The Block, experts speculate that by 2030 the stablecoin sector could become a multi-trillion-dollar industry. This expectation stems from a very tangible and long-standing function of stablecoins: hedging against market volatility while serving real-world value storage purposes in the form of "programmable money."
Despite the optimistic outlook, today's most well-known stablecoins still face certain limitations that could hinder their future growth. For example, an increasing number of chains and app-chains must rely on "wrapped" stablecoins, which depend on cross-chain bridges with uncertain security. The economic benefits from reserve assets backing stablecoins are typically captured by a small number of centralized players, rather than being used to support decentralized ecosystems. Many stablecoins also struggle to provide transparent verification of their assets, as recently demonstrated by TUSD's depegging incident.
