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S&P Global: Stablecoin Market Size Surpasses $316 Billion, Banking Sector Still in Early Stages

2026-04-09 12:45

Odaily reported that S&P Global Market Intelligence released a report indicating that the stablecoin market size has exceeded $316 billion, but the overall strategic deployment by the banking sector is still in its early stages. Among the 100 banks surveyed in Q1 2026, only 7% are developing relevant frameworks, and no institutions have launched pilot programs. Banks' primary concerns include deposit outflows, increased competition, and unclear impacts on revenue. It is expected that large banks will focus on tokenized deposits, while small and medium-sized banks will prioritize fiat on-ramp/off-ramp services, and all will require significant upgrades to their existing systems. (CoinDesk)

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