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Stablecoins Could Reach 10% of US M2 and FX Transactions as Trust Grows, Standard Chartered Says

29/11 01:14

TL;DR Analysts from Standard Chartered and Zodia Markets project that stablecoins could reach up to 10% of M2 and FX transactions in the U.S. Although they currently represent only 1% of these transactions, proper regulation, especially under the Trump administration, could drive their adoption. Stablecoins are increasingly being used in cross-border payments, remittances, and trade ... source: https://crypto-economy.com/stablecoins-could-reach-10-of-us-m2-and-fx-transactions-as-trust-grows-standard-chartered-says/

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