Standard Chartered Bank predicts total stablecoin supply will surge to $2 trillion by 2028

Mars Finance News, on April 15, Standard Chartered Bank analysts stated that due to expected formal regulatory legislation in the United States, the total supply of stablecoins may surge nearly tenfold by the end of 2028, increasing from the current approximately $230 billion to $2 trillion. Analysts said that this growth level will stimulate demand for $1.6 trillion in US short-term Treasury securities within the next four years - enough to absorb all new short-term Treasury securities expected to be issued during Trump's second term. Analysts noted: "We estimate that the stablecoin industry will need to purchase $1.6 trillion in short-term Treasury securities ($400 billion annually), indicating that the industry may become the largest source of purchase flow for all US Treasury securities." "Based on the trend after the past four years of the COVID-19 pandemic, the only similar scale of demand comes from foreign buyers, but these demands are distributed across short-term Treasury securities, notes, and bonds."