Money doesn’t disappear when it goes on-chain—it just changes paths. Twenty-one major financial institutions are jointly forming a company to issue a USD stablecoin, expected to launch in the first half of 2027, with plans to expand to G7 currencies, prioritizing the EUR. Their goals include cross-border payments and digital asset settlement. But what’s more noteworthy is the shift in structure. Crypto once tried to bring blockchain into banking. Now, banks are bringing their own money onto the blockchain. If these institutions truly adopt stablecoins as a common settlement layer, the game may no longer be “crypto vs. TradFi.” It will become a race to control the layer of money running on the internet. And that’s where it gets really interesting. https://t.co/yDSrulKeup