Stablecoins Won’t Scale Without Banks: Report

This report reframes the stablecoin debate: the bottleneck is not technology but institutional trust. If banks are the gatekeepers of regulatory compliance, their participation becomes a prerequisite for scalable, institutional-grade adoption. The significance lies in shifting the narrative from disintermediation to collaboration, where banks may become the backbone of stablecoin infrastructure. The key watchpoint is whether traditional finance entities move from exploratory pilots to committed operational roles, as their hesitancy could cap stablecoin growth at the retail level and keep institutional capital sidelined.