Standard Chartered News

Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.

Stablecoin turnover has doubled in the past two years as AI payments and traditional finance use cases grow, though Standard Chartered still sees the market reaching $2 trillion.

Standard Chartered’s venture arm led the round as Keyrock looks to expand products, pursue acquisitions and scale its global footprint.

Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March.

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.

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.

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.

Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications.

The $300 billion stablecoin market capitalization pushed DeFi into a “self-sustaining cycle” of growth, according to the investment bank’s head of research.