🇺🇸 USA — 60% of the major banks are already entering Bitcoin
Bitcoin officially stops being a "toy for crypto enthusiasts." Major banks in the USA have already launched BTC services or are preparing to do so — and this changes the balance between TradFi and crypto.
➡️ Who is already in the game
🟡 60% of the 25 largest banks in the USA offer or are preparing Bitcoin services
🟡 JPMorgan is considering launching crypto trading for clients
🟡 Wells Fargo is providing institutional loans secured by BTC
🟡 Citigroup is testing infrastructure for institutional crypto custody
➡️ New names: UBS and global banks
🟡 UBS is the latest name — the bank is studying spot trading of BTC and ETH for high-net-worth clients
🟡 According to Brian Armstrong, most banking CEOs he spoke with in Davos are already "pro-crypto"
🟡 A CEO of a top-10 global bank stated directly that crypto is priority number one and a matter of survival
➡️ Who is still on the sidelines
🟡 Bank of America (number 2 in the USA by assets) has not yet announced public plans for BTC
🟡 Capital One (US$ 694 billion in assets) and Truist (US$ 536 billion) also do not show an open crypto strategy
🟡 At the same time, banks remain among the biggest critics of yield-bearing stablecoins, citing risks to the financial system
➡️ What this means for the market
🟡 Big banking capital is increasingly entering Bitcoin, even with cautious public rhetoric
🟡 For retail, it's a sign: access to BTC via traditional banking interfaces is a matter of time
🟡 For altcoins and stablecoins, the situation is less clear — banks want to monetize the demand for Bitcoin but avoid riskier segments
Conclusion: Bitcoin is gradually becoming an "infrastructure asset" for traditional banks. When access via major banks becomes widespread, competition will be over entry price, fees, and products around BTC.
#bitcoin #eua