Banks Are Lobbying Against Stablecoins—Here's Why You Shouldn't Buy Their Narrative
Watch closely: traditional financial institutions are waging a quiet campaign against stablecoins. Their messaging echoes concern about financial stability and consumer protection. Sounds reasonable on the surface, right? Don't fall for it.
The real motivation? Threat to their turf. Stablecoins enable frictionless, borderless payments without intermediaries—something that threatens the banking system's gatekeeping power. These institutions have spent decades profiting from remittance fees, settlement delays, and currency controls.
Their lobbying isn't about protecting you. It's about protecting their business model. Meanwhile, billions of people in emerging markets are already choosing stablecoins for remittances and savings precisely because traditional banks have failed them.
The choice is clear: listen to institutions defending the old system, or back the technology that's actually solving real problems.
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Banks Are Lobbying Against Stablecoins—Here's Why You Shouldn't Buy Their Narrative
Watch closely: traditional financial institutions are waging a quiet campaign against stablecoins. Their messaging echoes concern about financial stability and consumer protection. Sounds reasonable on the surface, right? Don't fall for it.
The real motivation? Threat to their turf. Stablecoins enable frictionless, borderless payments without intermediaries—something that threatens the banking system's gatekeeping power. These institutions have spent decades profiting from remittance fees, settlement delays, and currency controls.
Their lobbying isn't about protecting you. It's about protecting their business model. Meanwhile, billions of people in emerging markets are already choosing stablecoins for remittances and savings precisely because traditional banks have failed them.
The choice is clear: listen to institutions defending the old system, or back the technology that's actually solving real problems.