Since June, the daily trading volume of US dollar stablecoins has exceeded BTC and ETH. Standard Chartered said that stablecoin issuers may become the second largest buyer of US bonds within three years According to BusinessLIVE, the daily trading volume of US dollar stablecoins has exceeded $100 billion since June, significantly surpassing the trading volume of Bitcoin and Ethereum. According to the first quarter reports of Tether and Circle, it can be estimated that among the total $250 billion in US dollar stablecoins, US bonds account for at least 80% of reserve assets, which is equivalent to an additional $200 billion in US bond demand. Standard Chartered Bank predicts that by 2028, the size of the stablecoin market will decrease to $2 trillion, corresponding to a demand for US bonds of $1.2 trillion to $1.6 trillion. Stablecoins issuers will become the second largest buyers of US bonds after the Federal Reserve.