Payment of a large company has initial discussions with banks to potentially integrate Stablecoins to inform global banking.
After debuting the STABLECOIN -based account in 100 countries in early May, I found a significant interest in Stablecoins for Stablecoins.
In an interview with Bloomberg News on May 30, JoN Collison, co -founder and chairman of STRIPE, said, “We are very interested in dialogue with us in dialogue with us.”
“This is not a sort of brushing or fashion. Banks are very interested in how to be integrated into Stablecoins and products.”
Stablecoins will be a big part of the payment in the future.
As bank interest increases to integrate stablecoins, these cryptocurrencies come from understanding that the transaction costs for payment, including foreign exchange fees, are significantly lower.
“It’s very expensive. It’s very slow. It takes a few days.” “There is no one who is satisfied with the equilibrium today. So I think you will see that kind of profits will be attacked.”
Stablecoins, on the other hand, provides a significantly less commission than FX’s fees and said that there is a perfect case for paying the world.
relevant: The US Large Bank holds an initial conversation on joint encryption stabilization: WSJ
Collison said, “A lot of payment of the future will be in Stablecoins.” This is definitely a big part of our business. “
Stablecoins has already combined Visa and Master Card in 2024 to influence traditional finance.
Stablecoin growth requires a green mark of regulators.
Collison shows interest in Stablecoin and can fall behind in the race to attract Stablecoin operators if some jurisdictions such as the UK do not move faster with regulations, Collision said.
Stripe EXEC said, “There is a company that has been established to provide services to this industry, and if you have a really good regulatory framework, you will choose to be based on it.
“If you are not sure, they go somewhere else. I think that’s the danger we need to know.”
In late 2024, Collison mentioned the European Union Market on the regulation of the MICA of the European Union market, and the British financial behavior authorities are looking for the public’s feedback on the new Stabble Recon rules by May 28.
Collison’s latest insights are consistent with reports that the US banks are looking for more clear guidance from the government to clarify what they can do in encryption.
Meanwhile, despite being behind the regulation of Stablecoin, the UK showed the largest number of new encryption owners last year, surpassing Europe last year.
magazine: Crypto wanted to overthrow the bank.