Standard Chartered Says Stablecoin Monthly Average Turnover Reached 6x

The bank said turnover has doubled over two years, while USDC is helping connect digital assets with traditional finance and artificial intelligence payments.

USDC

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, usually by being pegged to a fiat currency such as the U.S. dollar.
  • USDC: A U.S. dollar-pegged stablecoin widely used for crypto trading, payments, and settlement across digital asset markets.
  • AI payments: Payments systems that use artificial intelligence to automate transactions, routing, or financial interactions.