Big Banks Explore Venturing into Crypto World Together with Joint Stablecoin
5 wslh 2 5/23/2025, 5:34:21 PM wsj.com ↗
Comments (2)
wslh · 10h ago
https://archive.is/Sm2ma
nailer · 8h ago
This feels inevitable. Right now stables are dominated by Circle and Tether (depending whether you’re inside or outside the US), with a little PayPal, Sky and other orgs. USDT isn’t headquartered in the US, banks don’t want to assist paxos/coinbase (Circle) and if retail banks can now hold and stake tokens they’ll probably want their own stablecoin.