Standard Chartered said stablecoin velocity has doubled over the past two years, and the faster turnover could reduce demand for new token supply even as transaction volumes rise. Geoff Kendrick said USDC is driving the increase, while the bank still expects the stablecoin market to reach $2 trillion by late 2028.
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Standard Chartered says USDC, not USDT, is driving faster stablecoin turnover
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