Crypto Options Unplugged Episode 100 Special: Huge Long-Term Buying Opportunity In Crypto #100
Feb 27, 2026
Geoffrey Kendrick, Standard Chartered's Global Head of Digital Assets Research, shares institutional macro views on Bitcoin, stablecoins, tokenized real-world assets, and crypto adoption. He discusses short-term BTC downside risk and a multi-year rebound, a $2T stablecoin future, tokenized RWAs overtaking stables, miners pivoting to AI compute, and portfolio-driven skyward targets for major coins.
AI Snips
Chapters
Transcript
Episode notes
Stablecoin Growth Driven By EM Savings
- Kendrick forecasts stablecoins growing to ~$2 trillion by 2028 driven largely by emerging market savings flows and corporate adoption.
- He estimates current stables (~$300bn) already have large-wallet savings use and turnover ~once per 10 days, indicating sticky EM savings demand.
Stablecoins As Onramp For TradFi To Crypto
- Stablecoins lower barriers for TradFi to experiment with blockchain rails, creating a distribution path that likely leads some corporates and treasurers to consider crypto investments later.
- Kendrick sees stablecoin payment adoption by treasurers as a gateway to broader asset interest.
Stablecoins Increase T‑Bill Demand And Dollar Reach
- Kendrick views stablecoins as a way for the US to extend dollar dominance while issuers monetize T-bill holdings, incentivizing large Treasury demand.
- He notes stablecoin backing rules (Genius Act) create narrow-banking like T-bill demand that can be safer than banks in stress scenarios.