British bank expects bank deposits to drain in favor of digital currencies
Book warned "Standard Charterd" The British, that the mutation in the stable digital currencies supported by US dollar may lead to a trillion dollars of deposits from emerging economy banks within the next few years. /> Stable currencies are Coding digital currencies have a value linked to the US dollar, or any paper currency or other commodity, which are circulated on the stock exchange such as Minerals precious or industrial." "We see the possibility of a trillion dollars coming out of banks Emerging markets and moving to stable currencies in the next three years or so". "Restore capital is more important than return on the capital"Adding that the use of stable currencies and digital assets as savings in developing economies will jump from $ 173 currently, to $ 1.22 trillion by the end of 2028.
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