S&P Global Ratings reports that stablecoin adoption in emerging markets could surge from $70 billion to $730 billion, driven mainly by USD-pegged stablecoins. Investment banks project the sector to grow up to $4 trillion by the decade's end, propelled by wealth preservation, remittance efficiency, and a generational shift towards digital finance. However, concerns exist about stablecoins potentially causing deposit flight and capital drain from banks, especially in emerging economies.