Stablecoins are moving from crypto infrastructure to banking infrastructure. A group of 21 financial institutions including Goldman Sachs, Citi, Bank of America, Deutsche Bank, UBS and Fidelity plans to launch a dollar stablecoin in the first half of 2027, with a euro version already next on the list. For me, the interesting part is not another bank entering crypto. It is 21 of them deciding they may need shared blockchain rails for payments and settlement. At some point adoption stops looking like adoption and simply becomes infrastructure.
Effie Kavoura 🔶Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.