Standard Chartered Predicts $2 Trillion DeFi Surge | US Crypto News
Summary
Standard Chartered, through its Head of FX and Digital Assets Research, Geoff Kendrick, predicts a massive $2 trillion surge in Decentralized Finance (DeFi) by the end of 2028. This growth is predicated on the disruptive success of stablecoins in 2025, which has already begun to challenge traditional finance (TradFi) payment networks and savings.
Kendrick identifies three preconditions set in motion by stablecoins that will fuel the DeFi boom: increased awareness in developed markets, the creation of necessary on-chain liquidity, and the expansion of on-chain lending and borrowing. This convergence is expected to drive the tokenized Real-World Assets (RWA) sector from its current $35 billion valuation to $2 trillion by 2028.
Furthermore, the report highlights Ethereum's increasing role as the bridge between TradFi and DeFi, noting the launch of the Ethereum Foundation's Institutional Use Case page. Kendrick asserts that key DeFi protocols on Ethereum, like Aave, are poised to be major winners as institutions increasingly adopt the platform as the backbone of global digital finance.
(Source:BeInCrypto)