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Standard Chartered Predicts the Stablecoin Market Will Hit $2 Trillion by 2030. These Are the 3 Stablecoins Investors Need to Know.

Total stablecoin value was just over $299.2 billion as of Oct. 28, and Standard Chartered estimates the market will reach $2 trillion by 2030. Tether (USDT) holds 60.8% of total value, but its reserves are slightly riskier: when gold and Bitcoin fell together, its excess-reserve cushion shrank to $4.1 billion. USDC has $71.2 billion in circulation, mostly held in a money market fund, and the article says it is likely the safest stablecoin for most investors. Open USD, launched Sept. 30, has $835 million in circulation and is distributed through a syndicate in which distribution partners share reserve income.

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