Bernstein report: Stablecoin market size is expected to grow to $2.8 trillion in the next five years.

According to a research report released by Wall Street investment bank Bernstein on August 9th, the stablecoin market is expected to grow from its current $125 billion to $2.8 trillion in tokenized digital currencies over the next five years. The report states that integration with consumer platforms will lead to a "growth flywheel" for stablecoins, allowing them to attract users and expand beyond the native platforms of cryptocurrencies. (CoinDesk)