The post USD-Pegged Stablecoins to See $1 Trillion in Deposits Soon appeared on BitcoinEthereumNews.com. $1 trillion may leave Emerging-market bank deposits for USD-pegged stablecoins within 3 years Stablecoin savings projected to reach $1.22 trillion by 2028, up from $173 billion China, Brazil, and India face major deposit outflow risks from dollar-pegged stablecoins Standard Chartered estimated that dollar-pegged stablecoins could attract about $1 trillion from emerging-market bank deposits within three years. The bank projected “stablecoin savings” across developing nations at roughly $1.22 trillion by 2028, compared with about $173 billion today.  The same analysis noted that nearly 99% of stablecoins remain pegged to the U.S. dollar, which makes them behave like digital dollar accounts in high-inflation or weak-FX environments. Who is most exposed and why China carried the world’s largest deposit base at about $38.99 trillion, so even small percentage moves would register at scale. Brazil with roughly $2.5 trillion and India with about $2.4 trillion combined deepening crypto rails with large retail user bases, which raises the chance of gradual deposit migration. Türkiye, holding about $0.9 trillion in deposits, faces additional risks due to recurring currency depreciation and high inflation. In such environments, stablecoins often pegged to the U.S. dollar appear as safer alternatives for preserving value.  Related: Global Banks Unite to Build G7-Pegged Stablecoin Framework Mexico, Egypt, and South Africa holding $0.8 trillion, $0.4 trillion, and $0.35 trillion respectively, also feature on the list of at-risk economies. Their rising mobile adoption and expanding fintech ecosystems make them fertile grounds for digital currency use. Stablecoin Growth Accelerates Amid Policy Shifts Standard Chartered’s report on October 7 notes that nearly 99% of stablecoins are tied to the U.S. dollar. This linkage effectively transforms them into digital dollar accounts, increasingly attractive in economies prone to inflation and devaluation.  The report projects that around $1 trillion could exit emerging market banks for stablecoins within the next three… The post USD-Pegged Stablecoins to See $1 Trillion in Deposits Soon appeared on BitcoinEthereumNews.com. $1 trillion may leave Emerging-market bank deposits for USD-pegged stablecoins within 3 years Stablecoin savings projected to reach $1.22 trillion by 2028, up from $173 billion China, Brazil, and India face major deposit outflow risks from dollar-pegged stablecoins Standard Chartered estimated that dollar-pegged stablecoins could attract about $1 trillion from emerging-market bank deposits within three years. The bank projected “stablecoin savings” across developing nations at roughly $1.22 trillion by 2028, compared with about $173 billion today.  The same analysis noted that nearly 99% of stablecoins remain pegged to the U.S. dollar, which makes them behave like digital dollar accounts in high-inflation or weak-FX environments. Who is most exposed and why China carried the world’s largest deposit base at about $38.99 trillion, so even small percentage moves would register at scale. Brazil with roughly $2.5 trillion and India with about $2.4 trillion combined deepening crypto rails with large retail user bases, which raises the chance of gradual deposit migration. Türkiye, holding about $0.9 trillion in deposits, faces additional risks due to recurring currency depreciation and high inflation. In such environments, stablecoins often pegged to the U.S. dollar appear as safer alternatives for preserving value.  Related: Global Banks Unite to Build G7-Pegged Stablecoin Framework Mexico, Egypt, and South Africa holding $0.8 trillion, $0.4 trillion, and $0.35 trillion respectively, also feature on the list of at-risk economies. Their rising mobile adoption and expanding fintech ecosystems make them fertile grounds for digital currency use. Stablecoin Growth Accelerates Amid Policy Shifts Standard Chartered’s report on October 7 notes that nearly 99% of stablecoins are tied to the U.S. dollar. This linkage effectively transforms them into digital dollar accounts, increasingly attractive in economies prone to inflation and devaluation.  The report projects that around $1 trillion could exit emerging market banks for stablecoins within the next three…