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RE: LeoThread 2025-05-30 12:16

in LeoFinance4 months ago

“This is not something that banks are just kind of brushing away or treating as a fad. Banks are very interested in how they should be integrated with stablecoins into their product offerings as well,” he stated.

Stablecoins will be a big part of future payments
The growing interest by banks to integrate stablecoins comes from understanding that such cryptocurrencies offer significantly lower transaction costs for payments, including foreign exchange fees by banks.

“It’s extremely expensive to do. It’s very slow. It takes a matter of days,” Collison said. “No one is happy with that equilibrium today. And so I think you will see those kind of profit pools come under attack.”