Pendle Reports More Than $6 Billion in Stablecoin-Pool Volume
Stablecoin supply is about $300 billion, while forecasts put the overall market at $2 trillion by 2028 and $1.9 trillion by 2030.
Pendle said its stablecoin pools have recorded more than $6 billion in nominal trading volume year to date, highlighting activity in the protocol’s stablecoin markets as overall supply expands.
Stablecoin supply stands at about $300 billion. Forecasts put the overall stablecoin market at $2 trillion by 2028 and $1.9 trillion by 2030, as banks and payment networks prepare to enter the sector.
Pendle said its stablecoin-related total addressable market could double within 1.5 years and reach 10 times its current size within four years, even if stablecoin supply only doubles.
AUSD and other emerging stablecoins continue to grow. Pendle said it will keep expanding its presence in the stablecoin market as adoption develops.
