Standard Chartered Sees Yield-Bearing Stablecoins Fueling SKY Token Surge

Standard Chartered has published a research report forecasting that Sky's (SKY) token could rise roughly fivefold by the end of 2028, up from about $0.065 at the time of the report.

The bank expects this growth to track Ethereum's gains while outperforming Bitcoin through the same period.

This forecast is based on the expected expansion of stablecoins, with Standard Chartered projecting the overall stablecoin market could reach $2 trillion by the end of 2028.