Banks are jumping into stablecoins
So far in 2025, the stablecoin market has surpassed $247 billion in capitalization, doubling its size in just one year.
🔴 Breaking news:
Banks like JPMorgan, Citigroup, Bank of America, and Wells Fargo are in talks to issue a joint stablecoin through platforms like Zelle and The Clearing House.
🌍 In Europe, Deutsche Bank is also considering launching its own stablecoin or joining a sector-led initiative.
📜 All of this is happening as the U.S. advances with new laws like the GENIUS Act, which seeks to regulate stablecoins used for daily payments.
📈 Currently, issuers like Tether and Circle already have over $166 billion invested in Treasury bonds, showing how connected these currencies are to the traditional financial system.
💬 Are we facing the mass adoption of crypto or its banking centralization?
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