Standard Chartered announced tenfold growth potential in the stablecoin sector

Standard Chartered and Zodia Markets analysts predict significant growth in the stablecoin sector, which may be comparable to 10% of the total money supply transactions M2.

“Currently, stablecoins are equal in size to only 1% of M2 transactions in the US and only 1% of forex transactions. But as the share is valid, it is possible closer to 10% on each indicator,” said Standard Chartered researcher Jeff Kendrick.

Experts say eliminating regulatory uncertainty in the industry will be a key driver of growth, as well as the “potential for significant progress” under the Trump administration.

Analysts have also drawn attention to the current limitations of the global financial infrastructure. In particular, the system SWIFT has been operating without major changes since the introduction of the Real Time Gross Settlement (RTGS) system in the early 1990s.

“The model is largely a first-come, first-served queue,” analysts said.

At the same time, the range of applications for stable is constantly expanding: they are used not only as collateral for trade, but also for cross-border payments, salary payments and many other financial transactions.

Let us remind you that the total capitalization of “stable coins” reached $ 191.5 billion, renewing ATH after UST crash from Terra in May 2022.

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