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[Decrypt: Stablecoins Could Attract $1 Trillion in Deposits Out of Banks] Standard Chartered analysts predict that stablecoins may attract approximately $1 trillion in deposits from emerging market banks over the next three years. The analysis points out that the low cost and high efficiency of stablecoins make them competitive in the global payments market. Visa also believes that stablecoins have the potential to enter the $40 trillion credit market, though regulatory and technical challenges still need to be addressed. (Decrypt)

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