In the past three years, Bank of America, JPMorgan Chase, Wells Fargo, and Citibank have accounted for more than half of the complaints regarding the rejection of crypto businesses. With discriminatory policies against the crypto industry, such as 'Operation Choke Point 2.0', being abolished, the financial industry has become more open to blockchain technology.

The banking sector needs to stop rejecting cryptocurrency and at least start understanding it to remain competitive. The deployment of stablecoins will determine the success or failure of banks.

From rejection to acceptance of stablecoins $USDC