Standard Chartered | Crypto

Standard Chartered slashed its forecast for T-bill demand from stablecoins to $800 billion to $1 trillion by 2028, but maintained its $2 trillion stablecoin market call. Standard Chartered analysts stuck to their forecast that the stablecoin market will reach $2 trillion by late 2028, despite lowering expectations for short-term US Treasury bill demand. Stablecoins like Tether’s USDt (USDT) and Circle’s USDC (USDC) are expected to push T-bill demand to $2.2 trillion by 2028, Standard Chartered analyst Geoffrey Kendrick and US rates strategist John Davies said in a Monday report shared with Cointelegraph. Despite the US dollar stablecoin market cap stalling at around $300 billion in recent months amid a broader crypto downturn, the analysts remain bullish since the passage of the US GENIUS Act in 2025. Read more

Standard Chartered sees $0.9T excess demand for U.S. Treasury bills, raising odds of reduced 30-year bond auctions.

XRP is sliding even as the XRP Ledger (XRPL) rolls out features that supporters have long framed as a bridge to institutional adoption. According to CryptoSlate's data, the token has been trading around $1.47, while a mix of fresh supply signals, cooling marginal demand, and broader risk-off behavior continues to pressure the price. At the […] The post Standard Chartered slashes XRP price target by 65% as whales send millions of tokens to Binance appeared first on CryptoSlate.

US spot Bitcoin ETFs are on track for a fourth consecutive week of losses as Standard Chartered cut its 2026 Bitcoin target to $100,000. US spot Bitcoin exchange-traded funds (ETFs) saw heightened selling on Thursday, with outflows accelerating the same day Standard Chartered lowered its 2026 Bitcoin forecast. Spot Bitcoin (BTC) ETFs recorded $410.4 million in outflows, extending weekly losses to $375.1 million, according to SoSoValue data. Unless Friday brings substantial inflows, the funds are on track for a fourth consecutive week of losses, with assets under management (AUM) nearing $80 billion, down from a peak of almost $170 billion in October 2025. Read more

Standard Chartered predicts Bitcoin will hit $100K and Ethereum will rise to $4,000 by the end of 2026, but expects further drops first.

Stablecoin growth could drain bank deposits, with regional US banks most exposed, Standard Chartered’s Geoff Kendrick warned. Stablecoins pose a real risk to bank deposits both globally and in the United States, according to a new report by Standard Chartered analysts. The delay of the US CLARITY Act — a bill proposing to prohibit interest on stablecoin holdings — is a “reminder that stablecoins pose a risk to banks,” Geoff Kendrick, global head of digital assets research at Standard Chartered, said in a report on Tuesday seen by Cointelegraph. “We estimate that US bank deposits will decrease by one-third of stablecoin market cap,” the analyst said, referring to a $301.4 billion market of US dollar-pegged stablecoins, as measured by CoinGecko. Read more

Standard Chartered has held early talks on a crypto prime brokerage within SC Ventures, Bloomberg reported, as global banks chase institutional flows. The lender has backed Zodia and launched spot crypto trading, while U.S. spot ETFs hold about $140B and peers weigh expansion. The post Standard Chartered to Launch Crypto Prime Brokerage Under Venture Capital Arm appeared first on Cryptonews.

Standard Chartered is reportedly developing a crypto prime brokerage platform as traditional banks expand digital asset services. Standard Chartered may develop a crypto prime brokerage platform, a potential expansion of the bank’s digital asset ambitions as traditional financial institutions deepen their involvement in the sector. The British multinational bank is in early-stage discussions to establish a crypto trading and prime brokerage platform under its venture capital arm, SC Ventures, Bloomberg reported Monday, citing unidentified sources. A timeline for a launch has not been finalized. Standard Chartered has yet to confirm the plans. In July 2025, Standard Chartered launched trading services enabling institutions and corporations to trade the leading cryptocurrencies. Read more

Standard Chartered and Coinbase are expanding their partnership to develop trading, custody and financing services aimed at institutional crypto clients. Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British multinational bank announced on Friday. “We aim to explore how the two organisations can support secure, transparent and interoperable solutions that meet the highest standards of security and compliance,” Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, said. Read more

Standard Chartered will provide digital asset custody for 21Shares, signaling deeper TradFi expansion into crypto and raising questions about Zodia Custody’s future role. Major bank Standard Chartered announced fund manager 21Shares has selected it as its digital asset custodian, potentially moving away from a crypto-native partner. According to a Monday announcement from Standard Chartered shared with Cointelegraph, the bank will provide crypto custody services to 21Shares, which offers multiple exchange-traded crypto products. Margaret Harwood-Jones, the bank’s global head of financing and securities services, said the collaboration allows them to “to extend our expertise into the fast-evolving digital asset ecosystem.” However, 21Shares already had a crypto-native custody partner. In late June 2024, the fund manager partnered with crypto-native custodian Zodia Custody to hold its assets. Zodia Custody was co-founded by Standard Chartered in 2020 and operated as a wholly owned subsidiary, indicating that th...

The $300 billion stablecoin market capitalization pushed DeFi into a “self-sustaining cycle” of growth, according to the investment bank’s head of research. Tokenized real-world assets (RWAs) may reach a cumulative value of $2 trillion in the next three years as more global capital and payments migrate onto more efficient blockchain rails, according to investment bank Standard Chartered. The bank said in a Thursday report shared with Cointelegraph that the “trustless” structure of decentralized finance (DeFi) is poised to challenge the dominance of traditional financial (TradFi) systems controlled by centralized entities. DeFi’s growing use in payments and investments may bolster non-stablecoin tokenized RWAs to a $2 trillion market capitalization by 2028, the investment bank predicts. Read more

The $19 billion market crash may be a buying opportunity as dust settles in the coming weeks, Standard Chartered’s Geoff Kendrick told Cointelegraph in an exclusive interview. Bitcoin may still be on track to reach $200,000 by the end of the year, even after a record $19 billion market liquidation and renewed tariff threats from US President Donald Trump, according to Standard Chartered’s global head of digital assets research, Geoff Kendrick. The crypto market experienced a record $19 billion liquidation event on the weekend of Oct. 10, which caused Bitcoin’s (BTC) price to dip to a four-month low of $104,000 by Friday, Cointelegraph reported at the time. As the dust settles after the massive liquidation event, investors may see it as a buying opportunity. This dynamic may fuel a Bitcoin rally to $200,000 by the end of 2025, Kendrick said. Despite the volatility, he remains confident that Bitcoin will rebound as markets stabilize. Read more

Standard Chartered forecasts more than $1 trillion may exit emerging market banks and flow into stablecoins in the next three years as crypto adoption grows. Multinational bank Standard Chartered predicted that more than $1 trillion may exit emerging market banks and flow into stablecoins by 2028 as demand for US dollar-pegged crypto assets accelerates.  In a Monday report, Standard Chartered’s Global Research department said it expects global stablecoin adoption to accelerate as payment networks and other core banking activities shift to the non-bank sector.  As stablecoins gain traction in emerging markets (EM), Standard Chartered noted that users might utilize stablecoins to access what’s essentially a US dollar-based account. “Stablecoin ownership has been more prevalent in EM than DM, suggesting that such diversification is also more likely in EM,” Standard Chartered said.  Read more

SC Ventures plans to launch a digital asset fund in 2026, with a focus on global digital asset investment opportunities. Update Sept. 16, 11:33 am UTC: This article has been updated to clarify that SC Ventures is launching a digital asset fund, not a crypto fund. Update Sept. 16, 1:38 pm UTC: This article has been updated to include comments from an SC Ventures representative. Standard Chartered’s venture arm is preparing to launch a $250 million digital asset investment fund in 2026, signaling growing institutional appetite for digital assets. Read more

Standard Chartered warns of risks as Bitcoin, Ethereum and Solana treasury companies face valuation crunch. The boom in digital asset treasury (DAT) companies — fueled by the success of Strategy’s Bitcoin-buying — has shone a spotlight on cryptocurrencies such as Bitcoin, Ether and Solana. However, that spotlight has dimmed in recent weeks as the market net asset values (mNAVs) of many DATs collapsed, exposing smaller firms to growing risks, Standard Chartered warned Monday. In the world of DATs, mNAV measures the ratio of a company’s enterprise value to the value of its cryptocurrency holdings. An mNAV above 1 allows a firm to issue new shares and keep accumulating digital assets. Below that threshold, it becomes far harder — and less prudent — to expand holdings. Standard Chartered noted that several high-profile DATs have recently slipped below that critical level, effectively shutting off their ability to keep buying.  Read more

Standard Chartered has reported that Ethereum treasuries, relative to Bitcoin-focused peers, have been better placed as DATs have cooled, citing staking yields, funding costs, scale, and mNAV normalization amid consolidation. The post Ethereum Treasuries Set to Outperform Bitcoin and Solana as DAT Shakeout Looms: Standard Chartered appeared first on Cryptonews.

Ethereum treasury firms are poised to outperform Bitcoin rivals as staking yields boost sustainability, a Standard Chartered analyst predicts.

Standard Chartered is setting a $7,500 year-end price target for Ether, and argues ETH treasury companies make more sense than BTC alternatives.

Standard Chartered now sees ETH hitting $7,500 in 2025, fueled by record ETF and treasury buying, stablecoin growth and Ethereum network upgrades. Standard Chartered has raised its Ether price forecast for 2025 to $7,500, up from a previous $4,000 target, citing a surge in institutional buying and the accelerating adoption of stablecoins following recent US regulatory changes. In a report shared with Cointelegraph, the bank said Ether (ETH) treasury companies and exchange-traded funds (ETFs) have acquired 3.8% of all ETH in circulation since early June, almost double the fastest rate of Bitcoin accumulation by similar entities during the 2024 US election cycle. “A lot has changed since our last ETH forecast update in March,” Standard Chartered wrote. “The first strongly positive sign was significant industry engagement from the Ethereum Foundation and Etherialize, two of the organisations behind the Ethereum ecosystem,” it added. Read more

The US GENIUS Act may boost stablecoin adoption, but its ban on yield-bearing stablecoins could drive trillions into tokenized real-world assets. The landmark US GENIUS Act could serve as a major catalyst for stablecoin adoption both domestically and abroad. But rather than simply boosting demand for dollar-backed digital currencies, it may unintentionally push capital into the tokenization market as investors seek yield on their holdings. That was one of the key takeaways from a recent interview with Will Beeson, a former Standard Chartered executive and now founder and CEO of Uniform Labs, a developer of institutional liquidity solutions for tokenized financial markets. A central provision of the GENIUS Act is its blanket ban on yield-bearing stablecoins, which prevents holders from earning interest on their digital dollar balances. According to Beeson, this restriction will accelerate the flow of capital into tokenized real-world assets (RWAs). Read more