Standard Chartered: Stablecoin market size may increase to US$2 trillion by the end of 2028

Odaily News Standard Chartered Bank said that the passage of the US Stablecoin Act may lead to a significant increase in the supply of stablecoins, and it is expected that by the end of 2028, the stablecoin market size may grow from the current US$230 billion to US$2 trillion. In addition, Standard Chartered also stated that the increase in the supply of stablecoins has an impact on US Treasury purchases and US dollar hegemony. (The Block)