According to CoinMeta, and as reported by Bloomberg, Morgan Stanley is establishing an internal digital assets laboratory to test stablecoin payments and tokenized assets. This project brings blockchain infrastructure experiments within the framework of a financial group that manages over $10 trillion in wealth management and investment management assets. Research by Morgan Stanley indicates that digital assets could generate relatively modest new revenues for banks while also transforming the infrastructure of their existing businesses. It is estimated that by 2030, direct digital asset activities could add up to $7 billion in incremental revenue for banks. The study estimates that 3% to 11% of wholesale bank revenues could migrate from traditional infrastructure to digital asset infrastructure, representing a potential change of around $21 billion to $82 billion. Morgan Stanley's laboratory is testing these technologies, which may have an impact on banks' current operations.