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Stablecoins Are Tearing Banking Apart—Just Watch Them Stitch It Back Together

Stablecoins Are Tearing Banking Apart—Just Watch Them Stitch It Back Together

Author:
Blockworks
Published:
2025-04-23 22:00:00
10
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Stablecoins might unbundle banking (and then rebundle it)

Forget disruption—this is demolition. Dollar-pegged crypto tokens are quietly gutting traditional banking services, slicing through legacy systems like a hot knife through regulatory butter. First, they’ll fragment everything: payments, lending, even your precious savings accounts. Then comes the reassembly—on blockchain rails, with profit margins that would make a Wall Street exec blush (if they weren’t too busy shorting their own stock). The irony? Banks might end up renting their own infrastructure back from DeFi protocols. Pass the popcorn.

|Square

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