Standard Chartered Bank is actively pursuing Blockchain Finance, believing it will replace traditional financial infrastructure

BlockBeats News, December 3rd, according to Trustdata News, Standard Chartered's Global Head of Commercial and Investment Banking, Didier von Daeniken, stated that Distributed Ledger Technology and blockchain will eventually replace traditional financial market infrastructure, and financial institutions that do not keep pace with the times will face elimination. Standard Chartered is actively pursuing initiatives such as tokenized deposits, stablecoins, and Central Bank Digital Currencies (CBDCs) to enhance its market competitiveness.