💸 Why are BIG banks looking at stablecoins? There's a lot to gain! 🔍
Not only traders are looking at USDT, USDC, or EURC – global banks are also eyeing stablecoins, and they are doing so more boldly. Why?
🔎 Here are the reasons:
1️⃣ Faster and cheaper international transfers – stablecoins bypass expensive and slow SWIFT systems.
2️⃣ 24/7 liquidity – stablecoin markets never sleep. For institutions, this is a huge advantage.
3️⃣ New sources of profit – servicing issuance, custody, staking, and utilizing DeFi = $$$.
4️⃣ Customer interest – growing adoption among retailers and businesses (e.g., for settlements).
5️⃣ CBDCs are sluggish – stablecoins are already ready. They work. They deliver results here and now.
🏦 Who is already active?
JP Morgan is developing its own token-based solutions (JPM Coin).
BlackRock is investing in stablecoin infrastructure.
Banks in Asia and South America are testing transfers in USDC.
🌍 Stablecoins are not just "funds for traders" – they are a new era of global finance. And banks... do not want to be left behind.
💬 Do you think stablecoins will threaten traditional currencies of central banks?
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