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Standard Chartered delays $2T stablecoin forecast to 2030 as supply stalls
Published Source: CryptoPolitanRead original
Crypto Insight Summary: Standard Chartered has shifted its prediction for the stablecoin sector hitting $2 trillion from 2028 to 2030 due to stagnation in supply growth as the sector hovers around $309 billion. The bank is not lowering its target. Geoffrey Kendrick, the head of the bank’s digital assets research, is confident about growth happening but will take... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Delayed forecast reduces short-term optimism but doesn't alter long-term outlook.