Tweet and article describe banks building products to retain funds inside regulated systems.
CryptoSlate posted that Citi expects stablecoins to reach 1.9 trillion dollars by 2030. The message states Wall Street wants the funds moving through its own rails. Banks are building stablecoin custody and tokenized deposit products so customers stay inside the regulated system rather than using on chain dollars. The linked source headline says banks race to capture the market and avoid losing their customer base as digital dollars threaten traditional deposits.
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Tweet and article describe banks building products to retain funds inside regulated systems.
CryptoSlate posted that Citi expects stablecoins to reach 1.9 trillion dollars by 2030. The message states Wall Street wants the funds moving through its own rails. Banks are building stablecoin custody and tokenized deposit products so customers stay inside the regulated system rather than using on chain dollars. The linked source headline says banks race to capture the market and avoid losing their customer base as digital dollars threaten traditional deposits.
CryptoSlate@CryptoSlate🏛️ POLICY: Citi expects stablecoins to reach $1.9T by 2030. Wall Street wants that money moving through its own rails. Banks are building stablecoin, custody and tokenized-deposit products so customers don’t have to leave the regulated system to use on-chain dollars.
CryptoSlate@CryptoSlate🏛️ POLICY: Citi expects stablecoins to reach $1.9T by 2030. Wall Street wants that money moving through its own rails. Banks are building stablecoin, custody and tokenized-deposit products so customers don’t have to leave the regulated system to use on-chain dollars.
