Standard Chartered Sees Stablecoin Market Reaching $2 Trillion by 2030
JH Kim
Summary
- Standard Chartered said the stablecoin market size will reach $2 trillion by 2030.
- It said transaction activity continues to expand even as growth in stablecoin supply has slowed.
- Standard Chartered presented a long-term growth outlook for the stablecoin market based on the expansion in transaction activity.
Forecast Trend Report by Period
Standard Chartered projects the stablecoin market will reach $2 trillion by 2030, saying transaction activity continues to expand even as growth in stablecoin supply has slowed.
Cointelegraph reported on October 14 that Standard Chartered expects the stablecoin market to grow to $2 trillion by 2030.
The bank said the pace of growth in stablecoin supply has slowed recently, but transaction activity continues to increase.
Based on the expansion in transaction activity, Standard Chartered presented a long-term growth outlook for the stablecoin market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.