Standard Chartered Forecasts $2 Trillion Stablecoin Market by 2028

According to a new report by Standard Chartered, the stablecoin market is expected to experience significant growth over the next decade. By 2028, the market size is predicted to reach $2 trillion, driven by increasing adoption and demand from investors.

The study also notes that while token turnover in the stablecoin space is relatively fast, this has not hindered the growth of the market. Instead, it suggests that the high rate of turnover may be a result of the ongoing evolution of the cryptocurrency ecosystem.