Standard Chartered’s latest research indicates the explosive growth of stablecoins in 2025 is reshaping the global financial landscape and paving the way for a new era of decentralized finance (DeFi). Geoffrey Kendrick, Head of FX and Digital Assets Research at Standard Chartered, highlights this shift by stating that stablecoins have moved beyond their traditional role as bridging currencies between crypto and fiat, instead becoming the foundation of a burgeoning decentralized financial infrastructure. His report predicts that tokenized real-world assets could surpass $2 trillion by 2028, fuelled by the integration of stablecoin-backed assets into DeFi ecosystems.