Blockstreet co-founder Kyle Klemmer predicts that USD1, a stablecoin backed by Trump, will surpass USDT and USDC by 2028. He emphasizes USD1's potential due to the support and excitement from the blockchain community and its aim to 'bank the unbanked.' The stablecoin market is estimated to grow from $285 billion to potentially $500 billion or $2.8 trillion by 2028. USD1, launched in April, has already reached $2.5 billion in circulation. Klemmer notes that there's a growing international interest in USD1 linked to a perceived shift in U.S. financial policy towards crypto, with countries and institutional investors expressing a desire to support USD1. Despite competition from established players and regulatory scrutiny, Klemmer believes USD1’s appeal, technical capabilities, and backing will foster its ascent in the stablecoin market.

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