[Standard Chartered Bank: Stablecoins Pose a Real Threat to Bank Deposits] Odaily Planet Daily News – Standard Chartered analysts stated in a report that stablecoins pose a real risk to global and U.S. bank deposits. Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, pointed out in the report that the delay of the U.S. CLARITY Act highlights the risks stablecoins pose to banks. Geoff Kendrick estimates that U.S. bank deposits will decrease as the market capitalization of stablecoins grows, with the reduction approximately proportional to the weight of stablecoin market capitalization. Among them, U.S. regional banks are the most affected, while investment banks are the least impacted. The report shows that only 0.02% and 14.5% of Tether and Circle reserves, respectively, are held as bank deposits, with an extremely low redeposit ratio.