News
Significance:
7/10

Standard Chartered estimates $1 trillion could exit emerging market bank deposits for US stablecoins by 2028

https://www.theblock.co/post/373510/standard-chartered-estimates-1-trillion-could-exit-emerging-market-bank-deposits-for-us-stablecoins

Naga Avan-Nomayo

Mentions

Regions

Code
Name
US
🇺🇸United States
EM
🇪🇲EM

Sentiments

Target
Sentiment
Comment
Bullish
Stablecoins are predicted to see significant growth as they become a preferred savings vehicle in emerging markets.
🇪🇲
EM
Bullish
Emerging markets are expected to drive massive adoption of stablecoins due to their unbanked populations and demand for USD exposure.