Standard Chartered’s Geoffrey Kendrick predicts consolidation in the Bitcoin-focused digital asset treasury space as values decrease. Kendrick anticipates U.S. stablecoin market growth to $2 trillion by 2028, with tokenized real-world assets driving the next digital asset wave. Regulatory steps in Europe and the U.S. are essential but lack coordination. Kendrick suggests industry collaboration may bridge regulatory gaps. Traditional finance’s presence in digital assets is now irreversible, with Standard Chartered offering various crypto products. Kendrick foresees a surge in dollar-pegged stablecoins in the U.S. market and predicts stablecoin market growth to $2 trillion by 2028. Despite the rise in issuers, Kendrick dismisses systemic risk concerns due to new U.S. regulations. Tokenized real-world assets are expected to drive the next phase of digital asset growth, unleashing DeFi and expanding investor access to various assets.

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