List of Flash News about bank adoption
Time | Details |
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2025-06-17 22:04 |
Major Banks Eye Stablecoins for 10x Operational Efficiency: JPMorgan-Scale Integration Signals Crypto Market Shift
According to @jessepollak, a growing list of major financial institutions including Bank of America, HSBC, Wells Fargo, MUFG, Citi, Morgan Stanley, Santander, Barclays, and UBS have the potential to leverage stablecoins to increase operational efficiency by up to 10 times, as already demonstrated at JPMorgan scale (Source: Twitter/@jessepollak). This development points to a significant institutional adoption trend that could drive greater stablecoin demand and liquidity, impacting trading volumes and price stability for cryptocurrencies such as USDT and USDC. Traders should monitor announcements from these banks for potential market-moving partnerships and infrastructure shifts. |
2025-05-18 03:50 |
90% of Banks Deploying Stablecoins: Fireblocks Report Signals Major Shift in Crypto Adoption
According to @AltcoinGordon, citing Fireblocks, 90% of banks are actively rolling out stablecoins. This significant move indicates a rapid institutional embrace of blockchain-based digital assets. For traders, increased stablecoin issuance by banks could boost liquidity and facilitate faster fiat-to-crypto conversions, potentially driving up trading volumes and tightening spreads across major exchanges. The report underscores a trend where traditional finance is increasingly integrating stablecoins, making them core infrastructure for settlement and cross-border payments, which could lead to new arbitrage and yield opportunities for crypto traders. Source: @AltcoinGordon on Twitter, May 18, 2025. |