Standard Chartered Predicts $1 Trillion Shift from Emerging Market Banks to Stablecoins by 2028
CryptocurrencyStablecoinsUpdated 2 days ago

Standard Chartered Predicts $1 Trillion Shift from Emerging Market Banks to Stablecoins by 2028

Standard Chartered forecasts that over $1 trillion could exit emerging market banks to stablecoins by 2028. This trend reflects a growing preference for cryptocurrencies as safer alternatives to traditional banking, potentially reshaping the financial landscape and providing new opportunities for investors and consumers alike.

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Standard Chartered says $1T may exit emerging market banks to stablecoins by 2028
PositiveCryptocurrency
Standard Chartered has made a bold prediction that over $1 trillion could leave emerging market banks and move into stablecoins by 2028. This shift highlights the growing acceptance and adoption of cryptocurrencies, suggesting that investors are increasingly looking for stable and secure alternatives to traditional banking. As more people turn to digital currencies, it could reshape the financial landscape, offering new opportunities and challenges for both banks and consumers.
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.

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