Why Are Big Banks Eyeing Stablecoins? There's a Lot to Gain.
Summary by Bankier.pl
2 Articles
2 Articles
The most liquid deposits could begin to leak out, and the benefits of free liquidity would flow to non-bank competitors. Large banks may fear that the growing importance of stablecoins will disrupt their business. But this isn't the main reason why bankers overseas are starting to discuss issuing their own cryptocurrencies.
Bank of America pointed to four areas of the market that could benefit from stablecoins:
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