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$500 Billion Bank Run Incoming if Stablecoin Adoption Doesn’t Slow: Standard Chartered

Digital asset adoption is creating a half-trillion-dollar headwind for U.S. banks, an analyst at Standard Chartered says. Are U.S. Bank Deposits at Risk of Being Siphoned Over to Crypto Ecosystem? Geoff Kendrick, global...

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Market signal

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

$500 Billion Bank Run Incoming if Stablecoin Adoption Doesn’t Slow: Standard Chartered
Digital asset adoption is creating a half-trillion-dollar headwind for U.S. banks, an analyst at Standard Chartered says. Are U.S. Bank Deposits at Risk of Being Siphoned Over to Crypto Ecosystem? Geoff Kendrick, global head of digital assets research at Standard Chartered, thinks that by the end of 2008, as much as $500 billion could leave […]

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

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