BlockBeats news, September 28: Pendle stated that the current stablecoin supply is approximately $300 billion. Standard Chartered predicts that the stablecoin market will reach $2 trillion by 2028, while Citi forecasts it will reach $1.9 trillion by 2030. Banks and payment networks are also preparing to enter this market.
Pendle stated that even under JPMorgan's "worst-case" forecast, where the stablecoin supply only doubles, its total addressable market (TAM) related to stablecoins will double in the next 1.5 years and expand to 10 times the current size within 4 years.
Data shows that Pendle's stablecoin pool's year-to-date notional trading volume has exceeded $6 billion. Emerging stablecoins like AUSD continue to grow, and Dune has dubbed this phenomenon the "Pendle Effect." As the stablecoin market expands, Pendle will continue to position itself in this market.

