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Standard Chartered: The size of the stablecoin market may increase to US$2 trillion by the end of 2028

According to online reports, Standard Chartered Bank said that the passage of the U.S. stablecoin bill may lead to a significant increase in the supply of stablecoin. It is expected that by the end of 2028, the size of the stablecoin market may increase from the current US$230 billion to US$2 trillion. In addition, Standard Chartered also said that the increase in the supply of stablecoins will have an impact on the purchase of U.S. Treasury bonds and dollar hegemony. In addition, Standard Chartered believes that increased demand for dollar-denominated stablecoin reserves will lead to additional demand for the dollar, which in turn can support dollar hegemony, and expects the stablecoin industry to shift to the model adopted by USDC issuer Circle.

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