{"id":28971,"date":"2026-05-18T18:43:39","date_gmt":"2026-05-18T18:43:39","guid":{"rendered":"https:\/\/bitunikey.com\/news\/standard-chartered-sees-4t-tokenized-push\/"},"modified":"2026-05-18T18:43:44","modified_gmt":"2026-05-18T18:43:44","slug":"standard-chartered-sees-4t-tokenized-push","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/standard-chartered-sees-4t-tokenized-push\/","title":{"rendered":"Standard Chartered sees $4T tokenized push"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Standard Chartered projects $4 trillion in tokenized assets onchain by 2028, with mature DeFi protocols as the main beneficiaries.<\/p>\n<div id=\"cn-block-summary-block_284069296ab8d44324e5c1c5038128b5\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Standard Chartered forecasts $4 trillion in tokenized assets by end-2028, split evenly between stablecoins and real-world assets.<\/li>\n<li>Mature DeFi protocols with strong risk metrics will capture the bulk of the throughput, the bank said.<\/li>\n<li>Passage of the CLARITY Act is viewed as the most significant near-term catalyst for the shift from traditional rails.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Standard Chartered projects that $4 trillion in tokenized assets will sit onchain by the end of 2028, evenly split between stablecoins and real-world assets. The forecast positions established DeFi protocols as the main winners.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Geoffrey Kendrick, the bank\u2019s global head of digital assets research, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.theblock.co\/post\/401635\/standard-chartered-projects-4t-in-tokenized-assets-by-end-2028-with-defi-protocols-primary-beneficiaries\" target=\"_blank\" rel=\"nofollow\">said<\/a> DeFi\u2019s composability allows the same asset to generate yield, serve as collateral, and trade for liquidity without traditional intermediaries.<\/p>\n<h3 class=\"wp-block-heading\">BlackRock BUIDL anchors the thesis<\/h3>\n<p>Kendrick cited BlackRock\u2019s BUIDL fund as proof of concept. The $2.85 billion tokenized Treasury fund earns Treasury yield, converts to sBUIDL for DeFi compatibility, and serves as core reserve collateral for Ethena\u2019s USDtb and Ondo\u2019s OUSG.<\/p>\n<p>Aave, the largest DeFi lending protocol, processed daily stablecoin lending volumes between $1.5 billion and $2 billion at its peak. Coinbase\u2019s lending product with Morpho has reached $1.75 billion in loans.<\/p>\n<h3 class=\"wp-block-heading\">CLARITY Act seen as key catalyst<\/h3>\n<p>Kendrick views passage of the CLARITY Act as the most significant near-term catalyst for accelerating the shift from traditional rails to DeFi. The bill cleared Senate Banking 15-9 on May 14 and now heads to a full floor vote.<\/p>\n<p>The projection consolidates two forecasts Kendrick has maintained separately: a $2 trillion stablecoin target and a $2 trillion RWA market, both by end-2028. The bank reaffirmed the RWA call in April despite recent DeFi exploits.<\/p>\n<h3 class=\"wp-block-heading\">DeFi seen as primary beneficiary<\/h3>\n<p>There are currently roughly 1,000 times more assets offchain than onchain, according to the note. Kendrick believes tokenizing institutional-grade assets is the most likely source of growth, with protocols that scale safely positioned to benefit most.<\/p>\n<p>\u201cTradFi operators moving assets onchain will favor established players with strong risk metrics,\u201d Kendrick wrote. Aave, Compound, and Morpho are positioned to lead, with Ethereum remaining the dominant settlement layer.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered projects $4 trillion in tokenized assets onchain by 2028, with mature DeFi protocols as the main beneficiaries. Summary Standard Chartered forecasts $4 trillion in tokenized assets by end-2028,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":28933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=28971"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28971\/revisions"}],"predecessor-version":[{"id":28972,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/28971\/revisions\/28972"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/28933"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=28971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=28971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=28971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}