Kendrick from Standard Chartered said something interesting, but he mentioned that stablecoins might really change the face of finance.

According to Kendrick, from the perspective of corporate capital efficiency, stablecoins are fundamentally changing how money is used. Even mid-sized companies listed on the S&P 500 can now reduce their balance sheets without sacrificing profits. I think this is an unprecedented level of efficiency.

But what Kendrick emphasized more was the aspect of financial inclusion. It’s said that 1.7 billion people worldwide don’t have bank accounts, but with stablecoins, they can conduct US dollar transactions with just a smartphone. Purchasing tokenized assets also becomes possible.

From Kendrick’s perspective, this isn’t just a technological evolution; it’s a moment where access to finance itself is being democratized. People in regions without developed banking infrastructure can suddenly participate in the global financial markets. That might be the true value of stablecoins.