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Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow

The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.

Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
Cointelegraph
AI summary

Standard Chartered has extended its forecast for the stablecoin market to reach $2 trillion by 2030, citing growing transaction volumes. The bank identifies four distinct stablecoin markets, with USDC leading in payments and AI-related transactions as competition over reserve yields intensifies. A trader would care because this signals continued institutional adoption and growth potential for stablecoins, particularly USDC, which could impact related crypto assets and market liquidity.

Impact
45 %
Conviction
40 %
Narrative
9 %
Narrative history
1 linked story · 2 outlets · since 14 Oct
  1. 1H AGO
    You’re reading this
    Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
    Cointelegraph · Score 45
  2. 2H AGO
    The Block · Score 25 · via $2T stablecoin, stablecoin forecast
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