> For the complete documentation index, see [llms.txt](https://docs.ethena.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ethena.fi/overview/size-of-the-opportunity.md).

# Size of the Opportunity

The reward-bearing digital dollar sector currently accounts for approximately 5-6% of the total stablecoin market capitalization.

With various forecasts predicting a compound annual growth rate (CAGR) of over 50% for stablecoin supply during the next decade, the total market is projected to exceed $2 trillion by 2032.

> *"I believe that stablecoin legislation backed by U.S. treasuries or T-bills will create a market that will expand U.S. dollar usage via these stablecoins all around the world. I think that  $2 trillion is a very reasonable number, and I could see it greatly exceeding that."*&#x20;
>
> *- Scott Bessent, U.S Treasury Secretary*


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