Standard Chartered Predicts Stablecoins Could Drain $500B From US Bank Deposits
Stablecoins might pose a major problem to the US banking system over the subsequent a number of years, with as a lot as $500 billion in deposits probably transferring out of conventional banks by the tip of 2028, in accordance with a brand new evaluation from Standard Chartered. Stablecoins Could Pressure Bank Earnings And Deposits…
