Standard Chartered Revises Stablecoin Market Outlook
8 Articles
8 Articles
Standard Chartered Shifts $2T Stablecoin Target to 2030
Standard Chartered has pushed back its forecast for the stablecoin market to reach $2 trillion from 2028 to 2030, citing stagnant supply over the past twelve months. The bank maintained its $2 trillion estimate but now believes the market will need an additional two years to reach that figure. According to Geoffrey Kendrick, Standard Chartered’s ...
Standard Chartered Raises Stablecoin Outlook to $2T by 2030
Standard Chartered is flagging a key shift in the stablecoin market: activity is rising even though overall market capitalization has largely stalled. In a report shared with Cointelegraph, the bank argues that the growth in transaction activity is being driven more by stablecoins being used more often than by major new issuance expanding the total [...]
Standard Chartered maintains its expectation that the stablecoins market will reach $2 billion, but now estimates that that threshold would be reached by 2030 rather than by 2028. The bank attributes the delay to the stagnation of supply, despite the sharp increase in transfers and use activity. *** Standard Chartered moved from 2028 to 2030 its projection of a $2 trillion stablecoins market. The offer has remained between $300,000 million and $…
Standard Chartered Cuts $2T Stablecoin Forecast to 2030
Standard Chartered has revised the timeline on its $2 trillion stablecoin market forecast, pushing the projected milestone to 2030 as stablecoin supply growth has stalled, according to the bank's updated outlook.Read more...
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