Wu Blockchain (@WuBlockchain): Geoffrey Kendrick: Stablecoins Bring Money into the Internet Age

Geoffrey Kendrick: Stablecoins Bring Money into the Internet Age On Feb 27, Standard Chartered's Head of Global Digital Assets Research, Geoffrey Kendrick, stated in an interview with the Deribit channel that stablecoins are bringing money into the internet age as a global solution. This significantly enhances corporate capital efficiency; for instance, mid-sized S&P 500 companies can maintain revenue with smaller balance sheets. Furthermore, despite 1.7 billion unbanked people globally, anyone with a phone can now use stablecoins to transact in U.S. dollars and buy tokenized assets—a massive win for financial inclusion.