Stablecoins Set to Scoop Up $1T in T-Bills by 2028: Standard Chartered

Stablecoin issuers could become one of the largest structural buyers of short-term U.S. government debt within the next three years, according to a new report from international banking group Standard Chartered. Geoff Kendrick, Global Head of Digital Assets Research, and John Davies, U.S. Rates Strategist at Standard Chartered, project that stablecoin market capitalization will reach $2 trillion by the end of 2028, up from roughly $309 billion today, according to CoinGecko data. White House, Banks and Cr ...