Stablecoin 2 Trillion Dollars, BTC 100 Thousand: Standard Chartered

Standard Chartered analysts are maintaining their forecast that the stablecoin market will reach $2 trillion by the end of 2028, while revising their short-term US Treasury bill (T-bill) demand expectation. The T-bill holdings in the reserves of giants like Tether’s USDT and Circle’s USDC could push total demand to $2.2 trillion. In the report provided to Cointelegraph by Geoffrey Kendrick and John Davies, it is emphasized that the US dollar stablecoin market has stalled at the $300 billion level in recent months, but will gain momentum with the GENIUS Act approved in 2025. Analysts, viewing this slowdown as cyclical, expect significant growth in the context of T detailed analysis.

Source: Standard Chartered

T-Bill Demand Revision in the Stablecoin Market

Stablecoins will generate $0.8-1 trillion in additional T-bill demand by 2028; this is lower than the $1.6 trillion forecast in April 2025. Analysts note that the Treasury could hold more auctions citing this increase. Treasury Secretary Scott Bessent stated that the GENIUS Act is critical for government financing, while quarterly announcements highlight private sector demand. The T-bill weighting in stablecoin reserves strengthens market stability while also increasing liquidity pressure.

Decline in Bitcoin Price Target: 50K Risk

The bank lowered its Bitcoin (BTC) price target for 2026 from $150,000 to $100,000; it even forecasts a potential drop to $50,000. This revision is based on market volatility and macro pressures. A critical warning for BTC futures followers.

Source: Subjective Views

Notable Developments in Institutional BTC Ownership

Recent news shows institutional Bitcoin activity: MicroStrategy CEO Michael Saylor continues BTC purchases based on common shares in preferred share sales. Turkish Net Holding (NTHOL.IS) ranks as the 74th largest institutional holder with 352 BTC. In contrast, Bitdeer reported zero BTC on February 20; it sold all from 2,000 BTC at year-end in eight weeks. These sales may explain the pressure on BTC price.

T Technical Analysis: Strong Supports Approaching

T (Price: $0.01, 24h: -6.20%), RSI 31.65 in the oversold region. Downtrend dominant, Supertrend bearish, EMA 20: $0.0073. Supports: S1 $0.0059 (⭐ Strong, -7.09%), S2 $0.0062 (medium). Resistances: R1 $0.0065 (⭐ Strong, +2.36%), R2 $0.0072 (⭐ Strong). Follow T detailed analysis; T futures ready for volatility.

• Support Sources: Fibo 0.000, Donchian Lower, Swing Low
• Resistance Sources: Pivot, Fibo 0.114, EMA/SMA 200