Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March.
Standard Chartered News
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Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.
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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.
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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.
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Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications.
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The $300 billion stablecoin market capitalization pushed DeFi into a “self-sustaining cycle” of growth, according to the investment bank’s head of research.
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