Tether’s Success Boosts Bank Interest in Stablecoins: A New Era for Digital Finance
Inspired by Tether’s success, major banks are increasingly interested in stablecoins. Societe Generale’s Forge has already launched a euro-backed stablecoin for retail investors, while companies like Revolut and a Deutsche Bank venture called AllUnity are considering their own versions. American banks are likely to follow once stablecoin legislation is passed. Visa is also entering the ...
