{
  "id": 14492532,
  "title": "Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow",
  "url": "https://urgent.news/2026/10/14/standard-chartered-pushes-2t-stablecoin-forecast-to-2030-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-14T16:26:31.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/standard-chartered-stablecoin-forecast-2030-market-growth"
  },
  "original_language": "en",
  "account": "Standard Chartered predicts the stablecoin market could reach $2 trillion by 2030, two years ahead of its previous projection, despite the market's current stagnation. The bank identifies four distinct stablecoin markets, with Tether's USDt dominating emerging-market savings, Circle's USDC leading developed-market payments, and USDC and Ethena's USDe thriving in cryptocurrency trading. Kendrick, StanChart's digital assets research head, notes that existing stablecoins are being circulated more frequently as their use cases expand, rather than new supply driving growth. Competition in developed market payments is expected to intensify, with challengers like USDG, M^0 and multibank stablecoin networks seeking alternatives to traditional payment infrastructure. The bank's revised forecast aligns with regulatory developments in the United States, where the GENIUS Act has prompted proposed rules on stablecoin issuance, reserve requirements, and consumer protections.",
  "summary": "The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Ghanaian Times",
        "title": "Standard Chartered posts strong half-year performance …Profit after tax rises 10% tos GH¢320m",
        "url": "https://urgent.news/2026/10/14/standard-chartered-posts-strong-half-year-performance-profit-after",
        "published": "2026-10-14T07:45:33.000Z"
      },
      {
        "outlet": "CoinDesk",
        "title": "Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients",
        "url": "https://urgent.news/2026/10/14/standard-chartered-unlocks-direct-bitcoin-and-ether-trading-for",
        "published": "2026-10-14T08:10:07.000Z"
      },
      {
        "outlet": "Finextra",
        "title": "Standard Chartered appoints securities services head",
        "url": "https://urgent.news/2026/10/14/standard-chartered-appoints-securities-services-head",
        "published": "2026-10-14T09:15:00.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "Standard Chartered expands Bitcoin and Ether trading to professional investors in UAE",
        "url": "https://urgent.news/2026/10/14/standard-chartered-expands-bitcoin-and-ether-trading-to-professional",
        "published": "2026-10-14T10:07:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}