Stablecoin Market to Hit $2 Trillion in 2028 Even as Velocity Doubles: Standard Chartered

Standard Chartered predicts that the stablecoin market will reach $2 trillion by 2028, driven by increasing adoption and usage. The bank notes that the velocity of stablecoins, or the rate at which they are used for transactions, is expected to double during this period. This growth is attributed to the rising demand for digital currencies and their integration into various financial services. The report highlights that stablecoins are becoming essential for facilitating transactions in the evolving digital economy.

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