Ripple Report Stunner: Banks Dump $100B+ Into Blockchain Since 2020—Guess Who’s Still Playing Catch-Up?
Wall Street’s blockchain binge hits $100 billion—and they’re just getting started.
### The infrastructure gold rush
Forget dipping toes—banks are cannonballing into distributed ledgers. Ripple’s latest data shows financial giants bulldozing capital into nodes, APIs, and (ironically) ‘decentralized’ solutions since 2020. That’s enough to buy three Elon Musks or bail out a mid-sized bank—twice.
### Why the sudden FOMO?
Hint: it’s not altruism. With stablecoins eating their lunch and CBDCs looming, legacy players need rails that move faster than their 1970s mainframes. The real surprise? They didn’t wait for 15 committees to approve the memo first.
### The cynical kicker
Watch closely—this ‘investment’ might just be banks paying themselves to rebuild what open-source devs already perfected. But hey, at least the consultants are getting Lambos.
