TradFi giants are laying out stablecoins, accelerating the construction of new infrastructure for global payments.

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[Coin World] On July 16 (UTC+8), as the regulatory policies for stablecoins, such as the "GENIUS Act", gradually become clearer, traditional financial giants like JP Morgan, Citigroup, and Bank of America are considering entering the stablecoin market. Some banks have begun preliminary research to assess the feasibility of issuing their own stablecoins, Deposit Tokens, and other tokenized settlement methods. Analysts point out that this move will directly compete with certain native cryptocurrency issuers, marking the transition of stablecoins from "on-chain payment tools" to "bank-grade digital asset infrastructure," which is accelerating to become an important pillar for global payments and cross-border settlements.

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Degen4Breakfastvip
· 07-18 04:33
TradFi is here to raise funds.
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NFTRegrettervip
· 07-15 21:30
Want to make some money again, huh?
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SilentObservervip
· 07-15 21:30
Goodness, the giants have gotten on board to grab a share.
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SurvivorshipBiasvip
· 07-15 21:26
It's just old players watching the show.
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AirdropHunterZhangvip
· 07-15 21:20
Suckers are ready to play people for suckers a wave of new stablecoins.
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