What's in Your Bank's Wallet? The Rise of Stablecoins in Banking

Banks and payment processors are rapidly adopting stablecoins for international payments due to lower costs, faster settlement times, and recent regulatory clarity, with 90% of surveyed banks taking action on stablecoin adoption. The $250 billion stablecoin market is poised to reach $1 trillion, fundamentally reshaping how financial institutions conduct cross-border transactions and compete globally. Stablecoins eliminate expensive intermediaries like correspondent banks, enabling banks to expand internationally without establishing physical accounts in multiple geographies.