STANDARD CHARTERED PUSHES $2 TRILLION STABLECOIN MARKET FORECAST TO 2030

Summary from the TLDR Crypto newsletter

Geoffrey Kendrick moved the bank's $2T forecast out from 2028 to 2030. Supply has stayed between $300B and $320B for 12 months and sits near $309B. He calls the stall cyclical, tied to weak crypto activity. Usage keeps growing: monthly transfer value averages nearly $10T this year versus $4T in 2025, and velocity doubled to about 30x. USDC velocity is around 80x (payments, early AI-agent payments) against about 7x for USDT (emerging-market savings). He expects the most competition in developed-market payments, from USDG, M^0 and the multi-bank A+ network. Regulation is the main risk, especially if other countries follow the GENIUS Act, which takes effect in January.