Crypto companies aiming for banking licenses: Is a historic turning point approaching? The gateway into the US banking system is opening wider than ever as prominent names like Circle, Ripple, BitGo, and Paxos pursue trust bank licenses from OCC. If successful, we will witness a structural leap: no longer needing the SWIFT network or cumbersome intermediary banks, but instead direct, local, and fully legal payments. The fact that traditional banks are panicking and demanding regulators to "pull the brakes" is evidence of the growing threat that Crypto poses to their long-held market share. Once Crypto is deeply embedded into the core of finance with full credibility, it will be the moment when our retail investors' trust is truly rewarded. Let's stay steady and ride this wave! $BTC $USDC


#CelebratingNewYearOnGateSquare
BTC-2,41%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)