Stablecoins: A Trillion Dollar Threat to Emerging Markets?
Update: 2025-10-06
Description
Stablecoins Poised to Trigger $1 Trillion Bank Exodus: Are Emerging Markets on the Brink? Standard Chartered predicts a massive shift as depositors in vulnerable nations like Turkey, Kenya and India ditch local banks for the safety and accessibility of stablecoins, despite regulatory hurdles. With rising crypto adoption fueled by economic instability and bypassing interest bans, will this two percent deposit shift force banks to innovate or collapse?
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