Stablecoins create a flywheel effect with bank deposits.
When users can move assets instantly, they park more funds with their trusted bank. More velocity = more utility = stickier deposits.
@chadcascarilla (Paxos CEO) breaks down why banks should embrace stablecoins:
→ Fast settlement keeps customers engaged
→ Higher transaction volume = deeper banking relationships
→ Stablecoins don't compete with deposits—they enhance them
Banks that enable stablecoin rails will capture more flow. Those that don't? They'll watch liquidity migrate elsewhere.
When users can move assets instantly, they park more funds with their trusted bank. More velocity = more utility = stickier deposits.
@chadcascarilla (Paxos CEO) breaks down why banks should embrace stablecoins:
→ Fast settlement keeps customers engaged
→ Higher transaction volume = deeper banking relationships
→ Stablecoins don't compete with deposits—they enhance them
Banks that enable stablecoin rails will capture more flow. Those that don't? They'll watch liquidity migrate elsewhere.