Standard Chartered Bank predicts that the total supply of stablecoins will surge to $2 trillion by 2028

According to BlockBeats news, on April 15th, analysts from Standard Chartered Bank stated that due to expectations of formal legislation to regulate the industry in the United States, the total supply of stablecoins may surge nearly tenfold by the end of 2028, from the current approximately $230 billion to $2 trillion. Analysts said that this level of growth would stimulate the demand for US short-term treasury bond bonds worth 1.6 trillion dollars in the next four years - enough to absorb all new short-term treasury bond expected to be issued during President Trump's second term of office. Analysts said: "We estimate that the stable currency industry will need to purchase $1.6 trillion of short-term treasury bond ($400 billion annually) in the next four years, which indicates that the industry may become the largest source of purchase flow of all treasury bond in the United States." "According to the trend of COVID-19 in the past four years, the only demand of similar scale comes from foreign buyers, but these demands are distributed in short-term treasury bond, bills and bonds."