Standard Chartered forecasts SKY rising fivefold to $0.325 by 2028
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Standard Chartered Bank claims to be the first global systemically important bank to offer USDC minting and redemption services.
Odaily Odaily reports that Standard Chartered Bank, in partnership with Circle, has launched a USDC minting and redemption service for institutional clients. Standard Chartered claims to be the first systemically important bank globally to offer this service, and clients can conduct related transactions without needing a separate Circle account.
Standard Chartered Bank and Circle launch institutional-grade USDC minting and redemption services.
According to ChainCatcher, Standard Chartered Bank has announced a partnership with Circle to launch USDC minting and redemption access for institutional clients, becoming the first global systemically important bank to offer such integrated services. Eligible institutional clients can use USDC through a single account opening and service process without needing to open a direct Circle account. Initially offered through Standard Chartered's operations in the Dubai International Financial Centre, the service supports on-chain settlement, fund management, and liquidity management, with plans to expand to more markets upon regulatory approval.
Standard Chartered is again shill on Uniswap, and UNI's 24-hour gains have widened to 13.4%.
According to BlockBeats, on July 3, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the market is severely underestimating the potential of collaborations between Robinhood and high-quality DeFi protocols such as Uniswap, and expects more similar collaborations to materialize in the coming quarters, especially those centered around Uniswap. According to HTX market data, UNI's 24-hour gains have widened to 13.4%, currently trading at $3.17. In June, two research reports from Standard Chartered Bank triggered a brief period of FOMO (Fear of Missing Out) for Altcoin UNI and AAVE. On June 16th, Standard Chartered's report covered Uniswap for the first time, predicting that its UNI token could rise 40 times to $100 by the end of 2030. A week later, Standard Chartered again shill another DeFi token, AAVE, with Geoff Kendrick predicting that AAVE could rise to $3,500 by the end of 2030. On July 1st, Standard Chartered first rated Morpho, predicting that the project's token price would rise 33 times to $60 by the end of 2030.
Standard Chartered Bank has initiated coverage of Morpho with a target price of $60.
PANews reported on July 1 that Standard Chartered has begun covering the decentralized lending protocol Morpho and has given it a price target of $60.
Standard Chartered launches spot Bitcoin and Ether trading in UAE
Standard Chartered said it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region.
Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.