This week on the Money Movement we'll be talking about how banking is meeting stablecoins. This past week brought big news from the US Treasury OCC who provided fresh guidelines for banks, allowing for them to hold and custody crypto assets, including stablecoins. This is a major signal that traditional financial institutions are going to be getting into the crypto and stablecoin space. At Circle, we’re seeing accelerated interest from neobanks, fintechs and global banks on adopting digital currency as a payment and settlement medium, and expect this to be a major theme in the coming year.
This week on the Money Movement we'll be talking about how banking is meeting stablecoins. This past week brought big news from the US Treasury OCC who provided fresh guidelines for banks, allowing for them to hold and custody crypto assets, including stablecoins. This is a major signal that traditional financial institutions are going to be getting into the crypto and stablecoin space. At Circle, we’re seeing accelerated interest from neobanks, fintechs and global banks on adopting digital currency as a payment and settlement medium, and expect this to be a major theme in the coming year.
About the show
The global economy is experiencing unprecedented challenges and change. Business leaders everywhere are grappling with how to transform their companies to become more digital, resilient and efficient. As we face this change, a new global movement is building around the promise of digital currencies and blockchains — forming a new architecture for the global economy and creating new opportunities for companies everywhere.
The Money Movement explores and chronicles the issues and ideas driving this brave new world of digital money.