Blockstreet co-founder: USD1 may surpass USDT and USDC by 2028, dominating the stablecoin market

According to ChainCatcher news reported by Decrypt, Blockstreet co-founder Kyle Klemmer stated that by the end of the current president Trump's term in 2028, the family-backed stablecoin USD1 is expected to surpass USDT and USDC, dominating the stablecoin market.

He mentioned that with the team's efforts and market enthusiasm, USD1 could become the most widely adopted stablecoin. Currently, USD1 has a market capitalization of approximately $2.5 billion and is issued on Ethereum, BNB Chain, Tron, and Solana.