“Rising Stablecoin USAGE COURFFER SAVERS IN WEAK ECONOMIES A SAFER ALTERNITIVATIVE TO LOCAL BANKS.”, – WRITE: www.coindesk.com
Stablecoins Are Giving Households and Companies in Developing Economies An Alternative to Local Banks, Acceleration A Post-Financial-Crisis Shift of Core-Banking Functions Into. Geoff Kendrick and Madhur Jha Wrote.
Stablecoins are cryptocurrencies whose valve is tied to anOTHER asset, Such as the US dollar or Gold. They Play A Major Role in Cryptocurrency Markets, Providing Among of Things A Payment Infrastructure, and Are Also Used to Transfer Money International.
Adoption of these Cryptocurrencies have been strongest in Countries with Weak Currencies and High Inflation, Including Egypt, Pakistan, Bangladesh and Sri Lanka, Wht. Wrote.
EVEN WITHOUT OFFERING YIELDS, NOW Barred Under the Us Genius Act, Stablecoins Attract USers Prioritizing Capital Preservation, The Report Said.
Standard Charterrened Forecasts the Global Stablecoin Market Will Hit $ 2 Trillion by 2028, with Roughly Twords of Demand Coming from Emerging Markets.
The Bank Noted That While Stablecoins Threaten Traditional Deposits, They Also Promise Cheaper Remittans and Faster Payments.
Many Emerging Market Regulators Are Responding with Digital-Currency Pilots and Upgraded Payment Systems. Still, Standard Chartered Cautions that Unless Lcal Authoritities Adapt Quickly, The “Stablecoin Summer” Could Become a Long Winter for Emerging-Market Banks.
Read More: Stablecoin Market Surges On US Regulation, with Circle’s USDC Gaining Ground: JPMorgan
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
View Full Report
Shares Were Higher in Premarket Action Alongside Bitcoin’s Weekend Gain to A New Record Price.
- Michael Saylor’s Strategy (Mstr) Reported $ 3.9 Billion in Fair Value Appreciation of It Bitcoin Holdings in the Third Quarter.
- For the first time, the company, the company did not add to it Bitcoin Holdings in the Previous Week.
- Shares Were Ahead 2.5% in Premarket Trading.
Read Full Story