State Street Teams with Stablecoin Standard to School TradFi Dinosaurs on Crypto’s Future

Wall Street's old guard gets a blockchain crash course—because 2008-era finance clearly needs an upgrade.

Breaking Through the Marble Ceiling

State Street—the $4T asset management relic—just partnered with Stablecoin Standard to drag traditional finance firms kicking and screaming into crypto. No more 'But how do blockchains work?' meetings.

The Syllabus for the Financially Obsolete

Expect workshops on:

- Stablecoin mechanics (hint: they don't magic money from mortgage-backed securities)

- Cold storage (no, Excel spreadsheets don't count)

- Regulatory arbitrage (finally, a use for all those compliance officers)

The Punchline

If this fails, there's always the fallback plan: another round of quantitative easing and a 3-hour PowerPoint on 'What Is Internet Money?' Bonus irony: the training budget probably exceeds most firms' actual crypto allocations.

TradFi is betting big on stablecoins

The partnership is a response to increasing interest in stablecoins and tokenization among traditional financial institutions. Specifically, tradFi firms are exploring tokenization’s use cases in money market funds, bonds, and private credit.

According to recent research by Ripple and Boston Consulting Group, the tokenized real-world assets market is expected to grow from $0.6 trillion today to $18.9 trillion by 2033.