🚀Boom Half of America’s Biggest Banks Are Stepping Into Crypto
📅 August 2025 – A financial transformation is underway in the United States.
More than 50% of America’s top 25 banks are now preparing to enter the crypto space, either through Bitcoin trading, Ethereum services, stablecoins, tokenization projects, or digital asset custody.
Major Banks Leading the Move
1. JPMorgan Chase – Testing tokenized deposits, exploring stablecoin solutions, and enabling Bitcoin access via Coinbase.
2. Charles Schwab – Preparing Bitcoin and Ethereum trading directly for clients.
3. PNC Bank – Partnered with Coinbase for direct crypto trading for wealth clients.
4. State Street – Working on stablecoin and tokenized deposit projects.
5. BNY Mellon – Offering Bitcoin & Ethereum custody, serving as custodian for Ripple’s RLUSD stablecoin reserves.
6. Citigroup (Citi) – Running tokenization pilots and considering digital asset custody.
7. Morgan Stanley – Reviewing client access to Spot Bitcoin ETFs.
8. U.S. Bancorp (U.S. Bank) – Studying stablecoins and expanding crypto custody services.
Additional Crypto-Friendly Banks
Cross River Bank – Partnering with Coinbase & Circle for USDC minting and redemption.
BankProv, Ally Bank, USAA, Evolve Bank & Trust, FV Bank – Providing various crypto-integrated services like Coinbase APIs, crypto-backed loans, and digital payment solutions.
