Standard Chartered: $1 Trillion in Emerging Market Bank Deposits Expected to Flow into Stablecoins by 2028
Jinse Finance reported that Standard Chartered Bank estimates that by the end of 2028, up to $1 trillion in funds from emerging market bank deposits could flow into stablecoins. Historically, emerging markets have always been hotspots for stablecoin adoption, mainly because these regions have large populations without bank accounts. Even under the GENIUS Act in the United States, which imposes a zero-yield requirement on compliant issuers, this trend may intensify, as capital return is more important than the rate of return.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
