Overview

• JPMorgan estimates stablecoin adoption could generate an additional $1.4 trillion in U.S. dollar demand by 2027, with the market potentially expanding from about $260 billion today to $2 trillion in a high‑end scenario.
• Roughly 99% of stablecoins are pegged to the dollar, so shifts from local currencies into these tokens would translate into new dollar holdings.
• Standard Chartered projects up to $1 trillion could move out of emerging‑market bank deposits into stablecoins over the next three years.
• The bank expects stablecoin balances used as savings in vulnerable regions to rise from roughly $173 billion to about $1.22 trillion by the end of 2028, citing exposure in countries including Egypt, Pakistan, Bangladesh, Sri Lanka, Kenya, Morocco, Turkey, India, Brazil and South Africa.
• Standard Chartered notes a $1 trillion flow would equal about 2% of total deposits across 16 high‑risk countries, yet it warns of potential strain on local banking systems despite U.S. rules that restrict issuer‑paid yields.