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PANews reported on January 27th that, according to The Block, Standard Chartered Bank released a report stating that the accelerated adoption of stablecoins couldPANews reported on January 27th that, according to The Block, Standard Chartered Bank released a report stating that the accelerated adoption of stablecoins could

Standard Chartered Bank warns that stablecoins could draw $500 billion in U.S. bank deposits by 2028.

Author: PANews

Source: PANews

2026/01/27 22:09

1 min read

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PANews reported on January 27th that, according to The Block, Standard Chartered Bank released a report stating that the accelerated adoption of stablecoins could draw up to $500 billion in deposits from the US banking system by 2028, posing the greatest threat, especially to regional US banks that rely on deposit interest rate spreads. The bank predicts that the market capitalization of stablecoins will reach $2 trillion by then, with one-third coming from developed markets. Regulatory uncertainty and delays in legislation are also considered factors amplifying the risk.

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