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Mining · United StatesBy Hannah Lang Jan 27 (Reuters) – U.S. dollar-backed crypto tokens known as stablecoins could pull around $500 billion in deposits out of U.S. banks by the end of 2028, Standard Chartered estimated on Tuesday – new analysis that could intensify a fight between banks and crypto companies over legislation to set rules for the digital asset sector. Regional U.S. banks would be most exposed to a loss in deposits due to stablecoins, said Geoff Kendr…See the Story
US Banks May Lose $500 Billion to Stablecoins by 2028, Standard Chartered Warns
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