Standard Chartered says U.S. regional banks most at risk in $500 billion stablecoin shift
CoinDesk
Standard Chartered warns U.S. regional banks face the greatest risk from a projected $500 billion shift of deposits to stablecoins.Summary
Standard Chartered reported that the rise of stablecoins poses a significant threat to U.S. domestic lenders, primarily by eroding Net Interest Margin (NIM), a key profitability gauge.
Regional U.S. banks are identified as being significantly more exposed to this risk than diversified banks or investment firms because they rely more heavily on interest income derived from retail deposits that are being lured away by digital assets.
The bank projects that $500 billion will exit developed market banks over the next three years, anticipating a $2 trillion stablecoin market cap by 2028. This shift is contingent on market structure legislation, currently stalled, which Standard Chartered expects to pass by late Q1 2026.
(Source：CoinDesk)