Standard Chartered: Stablecoins Pose Major Threat to US Banks by 2028
According to a Standard Chartered analyst, stablecoins could pose a significant threat to US banks. By 2028, approximately half a trillion dollars might shift from traditional banking institutions into the stablecoin market. This potential outflow could undermine the primary revenue streams of regional lenders, according to reports. The development highlights the growing intersection between traditional finance and the digital asset space, specifically the increasing adoption and potential impact of stablecoins on established financial systems.
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