EconomyWall Street races to control the $1.9T stablecoin shift to keep its customers
Standard Chartered estimates stablecoins could draw about $500 billion from U.S. bank deposits by the end of 2028. Twenty-one financial institutions, including Bank of America, Citi, Goldman Sachs and Wells Fargo, have committed to form a company and launch a dollar-denominated stablecoin in the first half of 2027, seeking to retain payment, settlement and customer relationships.
C
CryptoSlate★★☆☆☆2026-09-02 11:15Original
Wall Street races to control the $1.9T stablecoin shift to keep its customers
Economy