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 that native cryptocurrency institutions will capture market share. BitGo's 'stablecoin as a service' has already attracted the attention of several banks.
Data shows that the global stablecoin market has reached $230 billion, with yield-bearing stablecoins accounting for a small proportion. BlackRock analysts point out that yield-bearing 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. With a clear regulatory framework for stablecoins in the U.S., traditional financial institutions are accelerating their entry to maintain competitiveness.
