Wall Street Joins the Stablecoin Race | World Business Watch
Edited By WION Video Desk
Published: Jul 20, 2025, 12:14 IST | Updated: Jul 20, 2025, 12:14 IST
Stablecoin is no longer on the fringes.
Five of america’s six largest banks addressed stablecoin strategies in their latest quarter earnings calls this week.
The trigger?
The genius act,
A landmark federal law regulating digital currency,
This will allow banks to issue stablecoins, digital tokens backed one-to-one by the u.S. Dollar.
For wall street, it marks a turning point,
From cautious observers of crypto to active players in digital asset infrastructure.
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