BTCC
/
BTCC Square
/
CryptotimesIO
/
U.S. Banking Titans Sound Alarm: Stablecoins Pose Existential Threat During Crypto Week Frenzy
U.S. Banking Titans Sound Alarm: Stablecoins Pose Existential Threat During Crypto Week Frenzy
15
3
Wall Street's old guard is sweating bullets as stablecoins go mainstream.
The dollar-pegged disruptors—long dismissed as a crypto fad—are now rattling the vaults of traditional finance. No surprise: banks hate competition that actually works.
Why the panic? Stablecoins cut out middlemen, bypass SWIFT delays, and operate 24/7. Meanwhile, JPMorgan still processes wires like it's 1973.
Bonus cynicism: Nothing terrifies bankers more than a functional system they can't charge 3% fees to maintain.
By:
Previous
Ethereum (ETH) Smashes Through $3,600—Is $6,000 the Next Stop?
Next
Meme Coins Stagnate as Altcoins Skyrocket: BONK, PEPE, FARTCOIN Left in the Dust
