Wall Street sees stablecoins as trillion-dollar shortcut to kill banks and dominate payments

Wall Street is quietly betting big on stablecoins, not as a crypto side hustle but as a full-blown replacement for bank wires and card networks. Today, Circle, which went public on the New York Stock Exchange earlier this month, saw its shares jump almost 8%, recovering from a brief dip. The stock has now surged […] source: https://www.cryptopolitan.com/wall-street-stablecoins-shortcut-kill-banks/