banquecentrale

According to the Wall Street Journal, major American banks are exploring the possibility of launching a common stablecoin to compete with the crypto industry.
This initiative represents a significant step by traditional financial institutions to establish themselves in the digital currency space, a field so far dominated by specialized crypto companies.
Stablecoins, cryptocurrencies whose value is generally backed by assets like the US dollar, offer a stability that other cryptocurrencies like Bitcoin cannot guarantee.

Who will win?
“In 10 years… will you still use a traditional bank or crypto?
Argument on the BANK side:
Banks have existed for centuries.
Groups like JPMorgan Chase or BNP Paribas manage thousands of billions of dollars in assets.
They are regulated by states and offer some deposit protection depending on the country.
Argument on the CRYPTO side:
Bitcoin has been operating without a central bank since 2009.
In 2024, BlackRock launched a spot Bitcoin ETF in the United States (public information confirmed by the U.S. SEC).