Banks are moving slow on stablecoins despite the market blow

Banks are moving slow on stablecoins despite the market blowing past $300B. Only 7% of smaller banks are even building frameworks — and none are piloting yet.
That cautious approach makes sense. Stablecoins now power massive trading and cross-border flows, but they also risk eating into deposits. Big banks are eyeing tokenized deposits, while regional ones stick to fiat ramps.
The pressure is real. Stablecoin mentions on earnings calls spiked after the GENIUS Act passed. Nonbanks are chasing charters to compete directly. Banks will stay key gateways, but they need major tech upgrades to handle real-time digital activity.
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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Banks are moving slow on stablecoins despite the market blowing past $300B. Only 7% of smaller banks are even building frameworks — and none are piloting yet.

Banks are moving slow on stablecoins despite the market blowing past $300B. Only 7% of smaller banks are even building frameworks — and none are piloting yet.