Standard Chartered Sees $2.7 Trillion DeFi Boom by 2030

Standard Chartered has made a bold prediction about the growth of decentralized finance (DeFi). According to Jeffrey Kendrick, head of digital asset research at Standard Chartered, the total value locked in DeFi protocols could reach $2.7 trillion by 2030.

This represents a 37-fold increase from current levels, driven primarily by the use of real-world assets (RWA) and on-chain protocols. Currently, only 3% of stablecoin supply and 10% of RWA are utilized in DeFi, but this is expected to rise to 30% by 2030.

Standard Chartered also identified Uniswap as a potential hub for RWA trading, with Kendrick noting that institutional players will choose this platform for its reputation and security. He stated that partnerships with traditional finance could help Uniswap close the market cap gap with Coinbase.