Latest News and Articles about U.S. Banks
Big Banks Panic Over Yield-Bearing Stablecoins: Innovate or Lose to Blockchain Disruption
Why Big Banks Fear Yield-Bearing Stablecoins and Must Innovate or Get Left Behind U.S. banks are up in arms over yield-bearing stablecoins, sounding the alarm about financial stability while clutching their $200 billion annual revenue from swipe fees and low-yield deposits. But let’s call this what it is: a desperate attempt to protect their turf […]
Read MoreU.S. Banks Cut Credit Card Approvals by 5% in 2025: Is DeFi the Answer?
U.S. Banks Slash Credit Card Approvals by 5% in Q2 2025: A Push for DeFi? Major U.S. banks have pulled back sharply on new credit card approvals, posting a 5% decline in Q2 of 2025 during Donald Trump’s first full year back in power. Heavyweights like JPMorgan Chase, Citigroup, Capital One, and American Express are […]
Read MoreU.S. Banks Struggle as Europe Soars: Is Bitcoin the Ultimate Financial Escape?
U.S. Banks Hit the Wall While Europe Cashes In: Could Bitcoin Be the Ultimate Escape? As U.S. banking giants like JPMorgan and Goldman Sachs brace for a brutal earnings season, battered by tariffs and economic uncertainty, European banks are riding a historic high with profits not seen in decades. Amid this financial tug-of-war, spiced with […]
Read MoreU.S. Banks Set to Launch Stablecoin, Challenging USDT and USDC Amid Regulatory Shifts
U.S. Banks Plan to Launch New Stablecoin to Compete with USDT and USDC Amid Regulatory Changes In a bold move that could disrupt the $245 billion stablecoin market, major U.S. banks are planning to launch their own digital currency. This initiative follows the Senate’s progress on the GENIUS Act, aimed at regulating stablecoins amidst growing […]
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