Core Insights - The cryptocurrency market has experienced significant volatility, with Bitcoin declining approximately 24% in the past month, reaching levels not seen in months as of November 20 [1] - Bitcoin is currently trading around $90,000, down about 30% from its all-time high of $126,198 in October, raising concerns about high valuations and potential market bubbles [2] Investment Opportunities - The recent drop in Bitcoin's value may present a buying opportunity for investors who missed previous gains [3] - There is notable excitement around Bitcoin, with support from influential figures like President Donald Trump advocating for crypto-friendly policies and an increasing number of corporations holding Bitcoin [4] - Cathie Wood of Ark Invest projects Bitcoin could exceed $1 million by 2030, despite recently adjusting her previous estimate down by $300,000 due to the rise of stablecoins [5] Market Concerns - The decline in Bitcoin's value coincides with growing economic concerns and uncertainty regarding potential interest rate cuts, which could impact investor sentiment [6] - Bitcoin's volatility is highlighted as a risk factor, particularly during periods of economic uncertainty, as seen in previous market struggles [7]

Told you they would do this btw and why private money is importanthttps://t.co/UHZ0LVULHxmert | helius.dev (@0xMert_):it's always good to think of worst-case scenarios for the economy to predict how one might fare in such a casefirst, recall that the banks are scared, even of relatively harmless crypto primitives like stablecoins (which actually give them more control than before)due to the ...

More data on tokenized assets (incl. stablecoins, funds, and stocks) 👇https://t.co/xxR7ZhRPeh ...

Use Cases of USDC - @BeeezoHive enables users to earn real income in stablecoins for verified engagement [1] - @edenfi_onchain empowers users in Africa to save, send, and convert digital dollars without banks [1] - @BuFi_Global facilitates near-instant global payroll payments for remote teams in USDC [1] Geographic Impact - Digital dollars are providing greater control over savings and earnings in cities like Cairo, Lagos, Nairobi, Manila, and São Paulo [2] - Inclusive finance is being realized through the use of digital dollars in various regions [2]

Core Insights - The Group of 20's financial risk watchdog has highlighted the need for close monitoring of the boom in private credit markets and stablecoins ahead of their summit in South Africa [1] Group 1: Private Credit Markets - The rapid growth in private credit markets is a significant concern for financial stability [1] - Increased participation in private credit could lead to potential risks that require regulatory attention [1] Group 2: Stablecoins - The rise of stablecoins presents both opportunities and risks that need to be carefully assessed [1] - Stablecoins' impact on the financial system necessitates ongoing scrutiny from financial authorities [1]

In July 2025, Standard Chartered became the first major bank to enable spot trading of cryptocurrencies. Winters and De Giorgi say they are taking necessary steps at a moment of transformation for global finance. When I look at the way our financial markets business has evolved in response to shifting client needs, there's a constant need to innovate, the constant need to innovate in terms of payment systems.And there's the big one that that's being. It's getting a lot of airtime now, which is, you know, ar ...

Core Insights - Standard Chartered has become the first major bank to enable spot trading of cryptocurrencies, indicating a significant shift in the financial landscape [1] - The bank is exploring the use of stablecoins and digital assets for local and global payments, recognizing their potential to transform the payment system [2][3] - There is a growing belief that digital asset wallets will gain traction, leading to a shift from conventional payment methods to stablecoin-based systems [4] Industry Trends - Regulators are preparing for a new wave of technology, with stablecoins primarily used in cryptocurrency trading and as a store of value for those lacking trust in national currencies [3][6] - The market capitalization of cryptocurrencies and digital assets remains low, with stablecoins currently experiencing daily flows of $20 billion, which is less than 1% of global payment system flows [6][7] - The potential for stablecoins to be issued by mainstream banks is being considered, with Standard Chartered already issuing Hong Kong dollar stablecoins and exploring tokenized bank deposits [4][7] Regulatory Considerations - The focus of regulators is on ensuring that stablecoins are backed by appropriate reserves to trade like cash, which is crucial for their acceptance and use [8]

📰 #AscendEX Daily Updates🔷The number of Bitcoin "whales" has increased by 2.2% in the past three weeks, reaching the highest level in four months.🔷South Korean regulators are considering allowing tech giants to issue their own stablecoins.🔷35% of high-income U.S. investors aged 18-40 have switched institutions because their advisors do not provide cryptocurrency assets.#AscendEX #Crypto #CryptoNews ...

I recently talked a little bit about this announcement that Ripple made. It's basically a part of their new ad as well. And essentially what it confirms is that institutional payments are here.Secure asset custody, regulated stable coins, everything on chain. This is the start of everything. We are witnessing it happen in real time.the convergence of crypto and tradi is now here. We don't have to speculate about it. We don't have to say, "Oh, I think that this is going to happen." No, it's actually happenin ...

Core Insights - The role of a CFO in a bank is distinct from that in industrial businesses, focusing on capital deployment and business velocity [1][2] - Standard Chartered is concentrating on high-growth areas such as cross-border banking and wealth management [3][9] - The bank's leadership emphasizes the importance of a strategic vision and the ability to connect people and markets [10][12] Financial Performance and Strategy - Standard Chartered has seen consistent upward results since the collaboration of CEO Bill Winters and CFO Diego De Giorgi [6] - Over half of the bank's revenue is generated from Asia, particularly from Hong Kong and Singapore [9][15] - The bank aims to be a "super connector" facilitating capital, wealth, goods, and services flows [10][11] Wealth Management and Client Relationships - Standard Chartered is the third largest wealth manager in Asia, attracting over $1 billion of net new money each quarter [18] - The bank is focused on affluent customers who are long-term savers and often have significant financial products tied to the bank [19][20] - There is a noticeable transition of clients from savings relationships to investment relationships, accelerating in recent years [21] Innovation and Digital Banking - The bank has launched digital banks Mox in Hong Kong and Trust in Singapore, and is expanding digital asset services [22] - Standard Chartered became the first major bank to enable spot trading of cryptocurrencies in July 2025 [23] - The bank is investing in AI to enhance productivity and streamline operations, aiming for significant cost savings [56][52] Sustainability and Future Outlook - Standard Chartered remains committed to sustainability, expecting to generate more revenue from sustainable finance in the coming years [61][62] - The bank's strategy includes navigating complexities in global finance, with a focus on wealth management and innovation [17][24] - The leadership sees opportunities in being a growth bank by engaging in high-growth businesses in high-growth markets [64]