DOLAR

34,7999$% 0.27

EURO

36,8294% -0.07

STERLİN

44,4413£% -0.01

GRAM ALTIN

2.942,59%0,29

ÇEYREK ALTIN

4.889,00%0,43

BİTCOİN

3493119฿%1.69039

RİPPLE

82.47%1.94656

İmsak Vakti a 06:35
İstanbul KAPALI 13°
  • Adana
  • Adıyaman
  • Afyonkarahisar
  • Ağrı
  • Amasya
  • Ankara
  • Antalya
  • Artvin
  • Aydın
  • Balıkesir
  • Bilecik
  • Bingöl
  • Bitlis
  • Bolu
  • Burdur
  • Bursa
  • Çanakkale
  • Çankırı
  • Çorum
  • Denizli
  • Diyarbakır
  • Edirne
  • Elazığ
  • Erzincan
  • Erzurum
  • Eskişehir
  • Gaziantep
  • Giresun
  • Gümüşhane
  • Hakkâri
  • Hatay
  • Isparta
  • Mersin
  • istanbul
  • izmir
  • Kars
  • Kastamonu
  • Kayseri
  • Kırklareli
  • Kırşehir
  • Kocaeli
  • Konya
  • Kütahya
  • Malatya
  • Manisa
  • Kahramanmaraş
  • Mardin
  • Muğla
  • Muş
  • Nevşehir
  • Niğde
  • Ordu
  • Rize
  • Sakarya
  • Samsun
  • Siirt
  • Sinop
  • Sivas
  • Tekirdağ
  • Tokat
  • Trabzon
  • Tunceli
  • Şanlıurfa
  • Uşak
  • Van
  • Yozgat
  • Zonguldak
  • Aksaray
  • Bayburt
  • Karaman
  • Kırıkkale
  • Batman
  • Şırnak
  • Bartın
  • Ardahan
  • Iğdır
  • Yalova
  • Karabük
  • Kilis
  • Osmaniye
  • Düzce
a
  • Eypara
  • Blog
  • Stablecoins Could Grow to 10% of U.S. Money Supply: Standard Chartered and Zodia Markets

Stablecoins Could Grow to 10% of U.S. Money Supply: Standard Chartered and Zodia Markets

ad826x90
Komten Çamaşırları

Stablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions once the sector becomes more legitimized, Standard Chartered (STAN) and Zodia Markets said in a report Thursday.

Currently, the stablecoin market is equivalent to 1% of U.S. M2 and 1% of foreign exchange transactions, the report said.

“As the sector becomes legitimized, a move to 10% on each measure is feasible,” wrote authors Geoff Kendrick and Nick Philpott.

A <a href=”https://www.coindesk.com/learn/what-is-a-stablecoin” target=”_blank”>stablecoin</a> is a type of crypto that is designed to hold a steady value and is usually pegged to the U.S. dollar, though some other currencies such as gold are also used. M2 is a measure of U.S. money supply, and includes cash, savings and other short-term investments.

ad826x90

The catalyst for this surge in adoption will be U.S. regulation of stablecoins, the authors said, adding that cross-border payments and FX-equivalent transactions are key areas of growth.

Three bills were brought forward during Joe Biden’s administration but scant progress was made, the report noted, adding that more success on the regulatory front is expected when Donald Trump’s administration takes over in early 2025.

Bernstein said that stablecoins were becoming more important to the global financial system, and constitute the 18th-largest holder of U.S. Treasuries, the broker said in a research report in September.

Read more: <a href=”https://www.coindesk.com/markets/2024/09/19/stablecoins-are-becoming-systemically-important-bernstein-says” target=”_blank”>Stablecoins Are Becoming Systemically Important, Bernstein Says</a>

ad826x90
YORUMLAR

s

En az 10 karakter gerekli

Sıradaki haber:

XRP Outperforms Crypto Majors as Japan Yen Strength Signals Bitcoin Trouble

Komten

Veri politikasındaki amaçlarla sınırlı ve mevzuata uygun şekilde çerez konumlandırmaktayız. Detaylar için veri politikamızı inceleyebilirsiniz.