Standard Chartered expects Ethena’s USDe stablecoin to grow to a $40 billion valuation and its ENA token to hit $2 each by 2028, driven by scaling of the USDe platform and increased token buybacks.
Standard Chartered sees the tokenisation trend, highlighted by Robinhood Chain, as a driver that could boost Arbitrum’s economics and push its native token ARB to significantly outperform Bitcoin and Ether by 2030.
Standard Chartered reconsidered its $100,000 Bitcoin year‑end price target, with Geoff Kendrick noting that the cryptocurrency could climb toward its $126,000 all‑time high after Oct. 6 as inflows into spot Bitcoin ETFs recover.
The British bank Standard Chartered forecasts a massive surge in the tokenised real‑world asset market, reaching $4 trillion, which could drive the price of Chainlink’s LINK token up to $200 by 2030, representing a 25‑times increase from current levels.
Standard Chartered has raised concerns that Strategy’s unclear messaging regarding its Bitcoin pivot strategy is creating confusion in the market and potentially hindering Bitcoin adoption among institutional investors.
Standard Chartered and Circle announced a partnership to enable bank-led minting and redemption of USDC (USD Coin) stablecoins for institutional clients. The service launches in Dubai’s DIFC financial hub with plans for global expansion.
Standard Chartered analyst Geoff Kendrick has signaled to clients that the cryptocurrency market has likely bottomed, with ‘winter is over’ commentary suggesting improved market conditions ahead. The analyst identified three signs of a Bitcoin bottom as part of the outlook.
Standard Chartered CEO Bill Winters apologized for controversial comments he made about artificial intelligence and its impact on ‘lower-value human capital,’ which triggered significant public backlash.