[Standard Chartered Bank Warns Stablecoins Could Drain $500 Billion in U.S. Bank Deposits by 2028] According to The Block, Standard Chartered Bank released a report stating that the accelerated adoption of stablecoins could drain up to $500 billion in deposits from the U.S. banking system by 2028, posing the greatest threat to U.S. regional banks that rely on deposit interest margins. The bank predicts that by then, the market capitalization of stablecoins will reach $2 trillion, with one-third coming from developed markets. Regulatory uncertainty and legislative delays are also seen as factors amplifying the risks.