Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
Standard Chartered now forecasts stablecoin market capitalization will reach $2 trillion by 2030, two years later than its previous estimate, after the market stalled near $309 billion. The bank says transaction activity is still increasing as existing tokens circulate more frequently. It sees different leaders across use cases: USDT in emerging-market savings, USDC in developed-market payments and AI-agent transactions, and USDC and USDe in crypto trading. Competition may intensify in developed-market payments, with reserve-yield sharing potentially shaping market share. US regulatory proposals on issuer authorization, reserves and consumer protections, alongside proposed accounting changes, could influence stablecoin adoption by businesses.
