Wall Street Mounts Pushback on Trillion-Dollar Stablecoin Boom

Source: bloombergMarkets July 13, 2026 · 05:03
For years, banks largely watched stablecoins evolve from a niche cryptocurrency product into a payments network moving tens of trillions of dollars annually. Now they’re dusting off the same collaborative playbook that produced Zelle, betting shared infrastructure is the best way to stop digital dollars from encroaching further on their business.

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