Standard Chartered's Kendrick Says All FX Will Run on Stablecoins by 2030
Standard Chartered's Geoff Kendrick is calling it: the entire foreign exchange market will be running on stablecoins by 2030. He figures $10B in euro stablecoins could push a big slice of FX trading onchain, provided those tokens keep moving fast enough.
- Original source: X account @Cointelegraph.
- The source published it on Nov 10, 2026 at 3:04 PM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
Geoff Kendrick, an analyst at Standard Chartered, predicts that the whole FX market will be using stablecoins by 2030, per an insight shared by Cointelegraph on X. The call puts a hard date on a shift that stablecoin backers have long argued is coming for cross-border currency trading.
Kendrick's math hinges on euro stablecoins. He estimates that $10B worth of them could help move a large share of FX trading onchain, but only if the tokens circulate quickly enough. Velocity, in other words, matters as much as the size of the pile.
The take lands as banks and payment firms keep pushing deeper into tokenized money, with Standard Chartered itself among the institutions talking up onchain settlement. Cointelegraph paired the call with a plug for its next LONGITUDE event.
TopicsStandard Chartered · Geoff Kendrick · Cointelegraph · euro stablecoins · LONGITUDE
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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