⛔️Urgent warning: 21 global banks are launching a new stablecoin... Is the dominance of USDT and USDC ending?
Just 3 hours ago, 21 international banks (including TD and Scotiabank) announced the launch of a new dollar-backed stablecoin, targeting cross-border payments and the settlement of digital assets.
How could this affect the market: Binance and Coinbase may lose a large portion of stablecoin liquidity, while banks directly control issuance.
Direct impact: USDT and USDC may face selling pressure, while Bitcoin and Ethereum could benefit from new liquidity. And a staggering rise $BTC / $ETH
Whoever is betting on the stability of traditional stablecoins loses, and whoever enters early into the winning alternative wins.
The scheduled date for the official launch is in the first half of 2027, but the market is starting to react now.
What do you think about this topic?
Are you ready?
#BinanceSquareTalks #BTC #ETH
Just 3 hours ago, 21 international banks (including TD and Scotiabank) announced the launch of a new dollar-backed stablecoin, targeting cross-border payments and the settlement of digital assets.
How could this affect the market: Binance and Coinbase may lose a large portion of stablecoin liquidity, while banks directly control issuance.
Direct impact: USDT and USDC may face selling pressure, while Bitcoin and Ethereum could benefit from new liquidity. And a staggering rise $BTC / $ETH
Whoever is betting on the stability of traditional stablecoins loses, and whoever enters early into the winning alternative wins.
The scheduled date for the official launch is in the first half of 2027, but the market is starting to react now.
What do you think about this topic?
Are you ready?
#BinanceSquareTalks #BTC #ETH
