According to ChainCatcher, the head of BitGo's stablecoin business stated at the Consensus 2025 conference that traditional banks are accelerating their layout in the stablecoin market, concerned about cryptocurrency-native institutions capturing market share. BitGo's 'stablecoin as a service' has garnered attention from several banks.
Data shows that the global stablecoin market size has reached $230 billion, with a small proportion of yield-generating stablecoins. BlackRock analysts point out that yield-generating stablecoins can enhance the liquidity efficiency of institutional funds, making them suitable for scenarios such as DAOs and market makers.
Officials from the Wyoming Stable Token Committee emphasize that stablecoins can broaden financial access. As the regulatory framework for stablecoins in the U.S. becomes clearer, traditional financial institutions are accelerating their entry to maintain competitiveness.
