S&P Global: The stablecoin market size exceeds $316 billion, and banks are still in the early stages of deployment

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ME News Report, April 9 (UTC+8), S&P Global Market Intelligence released a report indicating that the stablecoin market size has surpassed $316 billion, but the banking industry’s strategic deployment remains in the early stages. Among 100 banks surveyed in Q1 2026, only 7% are developing relevant frameworks, and no institutions have launched pilots. Banks are mainly concerned about deposit outflows, increased competition, and unclear revenue impacts, with major banks expected to focus on tokenized deposits, while small and medium-sized banks concentrate on fiat currency inflows and outflows, all requiring large-scale upgrades to existing systems. (Source: ODAILY)

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