Standard Chartered Report: Stablecoins Open a New Chapter in Traditional Finance
Standard Chartered Bank's latest report reveals that stablecoins are gradually moving away from the limitations of crypto exchanges and extending to a wider range of global finance. Research shows that their functions are approaching traditional financial uses, such as US dollar savings, daily transactions and cross-border payments.
Although the current market value of stablecoins is only US$163 billion, which is still small compared to the overall financial market, the report emphasizes that its growth potential cannot be underestimated. This also shows that the role of stablecoins as a bridge between traditional finance and digital currencies is becoming increasingly important, and may accelerate the innovation of the financial ecosystem.
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