News Formal

U.S. Stablecoin Market Could Grow Tenfold, Standard Chartered and Zodia Markets Say

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

Stablecoin market cap and use could expand tenfold once these cryptos are regulated in the U.S., Standard Chartered and Zodia Markets said.

U.S. regulation of the sector could trigger a surge in stablecoin adoption, Standard Chartered and Zodia Markets said.

Stablecoins could grow to 10% of the U.S. money supply and foreign exchange transactions once the sector becomes more legitimized, Standard Chartered and Zodia Markets said in a report Thursday. "As the sector becomes legitimized, a move to 10% on each measure is feasible," wrote authors Geoff Kendrick and Nick Philpott.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.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 291. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard CharteredWill Canny is a finance reporter at CoinDesk.n
Fuente: CoinDesk - 🏆 291. / 63 Leer más »