Stablecoins represent lower credit risks than banks, Standard Chartered

**Standard Chartered Predicts Massive $1 Trillion Stablecoin Migration from Emerging Market Banks by 2028**

Leading multinational bank Standard Chartered has released a groundbreaking forecast suggesting **stablecoins present lower credit risks than traditional banking institutions**, potentially triggering a seismic shift in global financial markets. The bank projects that over **$1 trillion could flow from emerging market banks into stablecoins by 2028**, marking a revolutionary transformation in payment networks and core banking services.

This prediction highlights the growing institutional acceptance of **cryptocurrency** and **blockchain technology** as viable alternatives to conventional banking infrastructure. Standard Chartered's analysis indicates that **DeFi (decentralized finance)** solutions and stablecoin ecosystems offer superior risk management compared to traditional banking sectors in developing economies.

The anticipated migration represents a fundamental restructuring of financial services, with payment networks transitioning from bank-controlled systems to **non-bank digital asset platforms**. This shift could accelerate **cryptocurrency adoption** globally while challenging traditional banking monopolies in emerging markets. The forecast underscores stablecoins' potential to revolutionize cross-border payments, remittances, and financial inclusion, positioning **digital currencies** as preferred alternatives to unstable local banking systems in developing nations.