Standard Chartered is making the case that Arbitrum could become one of the strongest performers in crypto through 2030, arguing that the network’s revenue mechanics may benefit as traditional finance ramps up onchain activity. In a note shared with Cointelegraph, Geoff Kendrick, the bank’s global head of digital assets research, pointed to Arbitrum’s economic design as a potential source of growth beyond crypto-native usage. Kendrick said Arbitrum receives 10% of the net protocol revenue generated by businesses building on the network. He highlighted Robinhood Chain—an Ethereum layer-2 initiative tied to the online brokerage Robinhood—as an early test case for how tokenization-focused applications could shift Arbitrum’s financial profile. According to Kendrick, the impact has already been visible in the network’s revenue run rate. Key takeaways Standard Chartered forecasts Arbitrum’s protocol revenue share could meaningfully grow as more traditional financial assets move onchain. ...
Stablecoins are increasingly shaping the plumbing of global finance—and not just inside crypto. In remarks delivered at Queen’s University Belfast on Tuesday, Carolyn Wilkins, a member of the Bank of England’s Financial Policy Committee, warned that the fastest-growing “digital dollar” products could strengthen the US dollar’s international role while also creating new stresses for US Treasury markets. Wilkins’ core message was straightforward: dollar-denominated stablecoins make cross-border settlement easier and widen access to dollar-linked instruments outside the United States. That, she argued, can translate into higher demand for US Treasury bills held by stablecoin issuers and, at larger scale, potentially amplify liquidity pressure if redemptions accelerate. Key takeaways Wilkins said dollar-linked stablecoins could reinforce US dollar dominance by improving cross-border settlement and access to dollar assets. Data cited by the Bank of England suggests major issuers already...