Geoffrey Kendrick, Head of Global Digital Assets Research at Standard Chartered, highlighted the transformative impact of stablecoins in a recent interview. He emphasized that stablecoins are modernizing money by enhancing corporate capital efficiency, allowing mid-sized S&P 500 companies to sustain revenue with reduced balance sheets. Kendrick also noted the potential for stablecoins to promote financial inclusion, enabling the 1.7 billion unbanked individuals worldwide to transact in U.S. dollars and purchase tokenized assets using just a mobile phone.
Stablecoins Revolutionize Financial Inclusion, Says Standard Chartered's Kendrick
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