Round-Up of Top Crypto Stories From 23rd Feb

What Happened in Crypto 23 Feb

Hi everyone, welcome back to what happened in crypto yesterday. It’s been an interesting couple of days, especially in the crypto space, and yesterday was no exception. We are seeing significant moves toward institutional legitimacy and consumer-facing innovation as well as talk of a new super app, so let’s tell you more about it.

Standard Chartered Doubles Down on $2T Stablecoin Prediction by 2028

Standard Chartered analysts have released a report maintaining their bullish long-term outlook for the stablecoin sector, projecting a market capitalization of $2 trillion by 2028. Despite a recent period of stagnant growth, the bank remains confident that the passage of the 2025 GENIUS Act will act as a structural catalyst.

However, the bank has trimmed its forecast for fresh Treasury bill (T-bill) demand. The projected demand for T-bills as reserves was lowered to a range of $0.8 trillion to $1 trillion. This figure is a sharp decrease from the $1.6 trillion estimate provided in April 2025. This revision shows that the bank expects the composition of reserves to diversify with more alternative high-quality liquid assets added to the mix.

Agentic Era Arrives: NEAR Launches All-in-One AI Web3 Interface

NEAR Protocol officially unveiled its “Near.com” super app at the NEARCON on Monday. This is a major push by co-founder Illia Polosukhin to usher in what he calls the agentic era. The platform is designed to be a unified, crypto-native interface that functions similarly to traditional financial super apps, but is still decentralized.

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One great thing about this is that it includes private transactions, which means that users can keep their financial information private by default. The platform makes it easy to swap assets across more than 35 chains. And it makes managing gas fees easier. The app also supports tokenized real-world assets (RWAs), making it a central hub for the future of on-chain commerce.

OCC Gives Crypto.Com Conditional Approval For A National Bank Trust Charter.

The Office of the Comptroller of the Currency (OCC) gave Crypto.com conditional approval for a national bank trust charter, which is a big win for the company in terms of regulation. This move lets the company set up the Crypto.com National Trust Bank, which will be directly overseen by the federal government. While the approval does not permit the bank to take cash deposits or issue traditional loans, it empowers the company to handle asset management and trade settlements like regular banks.

With this approval, Crypto.com is now placed alongside other major players like Ripple and Circle that have pursued similar federal banking credentials.

Those were some of the top stories that made headlines. We’ll be back tomorrow with a fresh set of stories to keep you up to speed.

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The Words Warrior
I am a business news journalist with 12 years of experience in broadcast and digital news. Starting my career as a TV producer, I have tried my hands at different roles in a newsroom, from an on-field reporter to an anchor & producer. From the thrills of chasing a story to producing accurate, fact-checked news wire reports, each role has enriched my experience as a journalist. I have worked is some of India’s finest newsrooms like NDTV, CNBC TV18, Moneycontrol.com

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