🟢 Standard Chartered: the stablecoin market will grow to $2 trillion by 2028
Analysts from Standard Chartered published a strong forecast:
📈 With the passage of the GENIUS bill in the USA, the stablecoin market volume could increase tenfold — from $230 billion to $2 trillion by the end of 2028.
📌 What this means:
— Stablecoin issuers could invest up to $1.75 trillion in US Treasury bonds
— This will make the sector the largest buyer of US government debt
— The role of the dollar as a global settlement asset will strengthen
— Demand for a digital dollar and its infrastructure will increase
💬 GENIUS has already been approved by the Senate Banking Committee and is moving to Congress.
If it passes — stablecoins could become the new WhatsApp for global payments, as previously compared by a16z.
⚡️ Impact on the market: positive for DeFi, $USDT, $USDC and infrastructure projects. And, of course, for the dollar itself.
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#crypto #stablecoins #DeFi #regulation #GENIUSact $USDT $USDC $BTC