The Stablecoin Gold Rush: Banks, Fintechs, and the Digital Dollar Land Grab

Banks once dismissed crypto as a wild experiment. Now, theyโre diving headfirst into stablecoins. Why? Because when regulations shift and money moves, even the most traditional institutions follow the scent of opportunity.
Banks and fintechs are scrambling to launch their own stablecoins, aiming to reshape cross-border payments. With regulators warming to digital dollars, Bank of America, Stripe, and Standard Chartered are joining a market once dominated by Tether and Circle.
- Stablecoins are gaining traction in emerging markets, bypassing banks for fast, cheap transactions.
- US and EU regulations are fueling institutional confidence, with politicians debating formalized rules.
- Despite enthusiasm, market saturation looms; PayPalโs stablecoin, PYUSD, still lags behind Tetherโs $131B in transactions.
Is this the future of money or just another financial bubble? With banks betting big, will stablecoins become mainstream, or are we witnessing the next financial shake-up?
Read the full article on Financial Times.
----
๐ก If you enjoyed this content, be sure to download my new app for a unique experience beyond your traditional newsletter.
This is one of many short posts I share daily on my app, and you can have real-time insights, recommendations and conversations with my digital twin via text, audio or video in 28 languages! Go to my PWA at app.thedigitalspeaker.com and sign up to take our connection to the next level! ๐

If you are interested in hiring me as your futurist and innovation speaker, feel free to complete the below form.
Thanks for your inquiry
We have sent you a copy of your request and we will be in touch within 24 hours on business days.
If you do not receive an email from us by then, please check your spam mailbox and whitelist email addresses from @thedigitalspeaker.com.
In the meantime, feel free to learn more about The Digital Speaker here.
Or read The Digital Speaker's latest articles here.