Coinbase Says Crypto Has Outgrown ‘Wild West’ Casino Era As Stablecoins Race Toward $1.2 Trillion
Coinbase Global Inc (NASDAQ:COIN) projects stablecoins will hit $1.2 trillion by 2028 as crypto sheds its “Wild West” reputation and matures into institutional-grade assets that behave more like tech stocks than speculative casino chips.
Crypto’s New Normal Looks Like Tech Stocks
After a volatile 2025 that saw the total crypto market cap peak at $4.2 trillion before correcting to $3.0 trillion, Coinbase argues the industry has entered a new phase defined by clearer regulation, corporate adoption, and diminished volatility.
Bitcoin’s 90-day volatility now hovers between 35-40%—comparable to major tech stocks like Nvidia Corp (NASDAQ:NVDA) and Tesla Inc (NASDAQ:TSLA).
That marks a structural shift from speculative outlier to portfolio staple.
The traditional four-year halving cycle is becoming obsolete.
Bitcoin: The New High-Growth Tech Stock
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