Stablecoin Surge Could Trigger $1T Exit From Emerging Market Banks: Standard Chartered
PositiveCryptocurrency

A recent report from Standard Chartered highlights the potential for rising stablecoin usage to provide savers in emerging markets with a safer alternative to local banks. This shift could lead to a significant exit of funds, estimated at $1 trillion, from traditional banking systems in these economies. As people seek more secure options for their savings, the growing popularity of stablecoins could reshape the financial landscape, offering greater stability and security for individuals in regions facing economic challenges.
— via World Pulse Now AI Editorial System
