Standard Chartered has warned that over $1 trillion could flow out of emerging-market (EM) banks and into stablecoins by 2028, as adoption of dollar-pegged crypto assets accelerates globally. In a report published Monday, the bank’s Global Research unit said growing adoption of stablecoins could trigger one of the largest structural shifts in modern banking, diverting savings from traditional lenders to blockchain-based alternatives. The report estimates that stablecoin holdings in emerging markets could ...

Core Insights - Crypto adoption is rapidly increasing in Japan, with Nomura Holdings aiming to expand its presence in the market through its subsidiary Laser Digital [1][2] - The transaction value in Japan's crypto market doubled to ¥33.7 trillion ($230 billion) in the first seven months of the year, indicating strong growth [2][6] - Supportive global policies and domestic reforms, including tax cuts and new regulations, are driving the momentum in Japan's crypto sector [3][5] Company Developments - Nomura's Laser Digital is collaborating with Japan's Financial Services Agency (FSA) to obtain approval for offering crypto trading services to large investors [1][7] - Laser Digital's CEO, Jez Mohideen, emphasized the company's confidence in the long-term potential of Japan's digital asset market [2] - The subsidiary was launched in 2022 to provide services such as asset management and venture capital [6] Market Trends - The Japanese crypto market experienced a 120% increase in on-chain transaction value from June 2024 to June 2025, surpassing other countries like South Korea, India, and Vietnam [6] - Traditional financial institutions, such as Daiwa Securities, are beginning to integrate crypto into their services, allowing customers to use Bitcoin and Ether as collateral for loans [4][5] - Government reforms have made investing in crypto more attractive, particularly for younger investors and large institutions [5]

Cryptocurrency Industry - October is historically a strong month for crypto and related assets, with September performing better than expected [2] - Coinbase has seen a resurgence in interest due to key legislation regarding stable coins and a favorable framework for crypto adoption in the US [3] - Rothschild upgraded Coinbase shares to "buy" with a price target raised to $417 from $325, citing expected retail volume growth despite anticipated compression in the company's take rate [3] - Coinbase shares have increased significantly, up 161% from lows in April and 45.5% year-to-date, although they have pulled back 16% from recent highs of $444 [4][5] - Goldman Sachs also raised its price target for Coinbase to $363 from $351, maintaining a neutral rating [6] Semiconductor Industry - Applied Materials issued a revenue warning, expecting a $710 million hit due to new export restrictions affecting sales to China [8] - The new rules are projected to reduce Applied Materials' fourth-quarter revenue by approximately $110 million and 2026 revenue by about $600 million [9] - Despite the warning, Applied Materials' stock has risen 37% this year, with peers like Lamb Research and KLA also showing significant gains [10] - China accounts for about 30% of Applied Materials' sales, and a meaningful drop in revenue from this market is anticipated [10] - A 10% quarter-on-quarter sales drop is expected for Applied Materials in the fourth quarter, reflecting broader industry concerns regarding exposure to China [11]

Crypto Adoption & Market Position - Brazil ranks in the Top 5 globally for crypto adoption [1] Technological Advancements - PIX facilitates instant payments in Brazil [1] - Ethereum enables programmable money and assets [1] Future Outlook - The future of finance is emerging, linked to events like ETHLatam & EFDevcon [1]

🚀 Week in Crypto Adoption: Kazakhstan Bets State Funds on BNB While Asia's Regulators Draw Battle LinesKazakhstan launches BNB-backed state reserve! Japan doubles adoption via tax reforms! Turkey expands freeze powers! Hong Kong stablecoin rules choke derivatives!Let’s unpack this week’s crypto adoption madness. 🧵1/7 ...

🚀 Week in Crypto Adoption: Economic Desperation Meets Digital InnovationBolivia's carmakers ditch dollars for USDT! UAE preps global crypto surveillance! Colombia gets mainstream stablecoin banking! Kazakhstan launches state-backed digital tenge, and US lawmakers demand crypto retirement access!Let’s unpack this week’s crypto adoption madness. 🧵1/8 ...

Core Insights - Korea is emerging as a new epicenter for global culture and cryptocurrency, highlighting its significant role in the crypto landscape [1] Group 1: Korean Crypto Adoption - The discussion includes staggering statistics on Korean crypto adoption, indicating a high level of engagement and participation in the market [1] - American companies are encouraged to learn from the Korean market dynamics to enhance their strategies in the crypto space [1] Group 2: Company Initiatives - Abstract, led by CEO Luca Netz, is focused on bringing fun back to the Ethereum Virtual Machine (EVM), indicating a shift towards more engaging user experiences in the crypto sector [1]

LATEST: 🇯🇵 Japan is leading in crypto adoption growth among the Asia Pacific region's top five markets, seeing a 120% YoY increase in on-chain value received, according to Chainalysis. https://t.co/FaQXEmUSjJ ...

The Asia-Pacific is the fastest growing region for crypto adoption, research released Wednesday by blockchain data firm @chainalysis shows. https://t.co/eraMdJ1IM3 ...

Asia-Pacific Leads Worldwide Crypto Adoption: Chainalysis► https://t.co/EoByus147F https://t.co/EoByus147F ...