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📈 Tether hits new highs
In 2024, Tether Holdings reached a historic milestone by generating over $10 billion in profits. This performance confirms its role as the undisputed leader in the stablecoin market, attracting the attention of traditional financial institutions.
(Source : Cointribune)
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🏦 Banks join the dance
Faced with this meteoric growth, traditional banks are mobilizing to avoid being left behind. Several of them in Europe and elsewhere are actively exploring the world of stablecoins, a technology that could redefine the financial landscape.
(Source : Cointribune)
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🇫🇷 Focus on France: Société Générale in the lead
Société Générale, through its subsidiary SG-Forge, has taken the lead in launching a stablecoin backed by the euro. This product is now accessible not only to large companies, but also to individual investors.
(Source : Cointribune)
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🇩🇪 Germany is not left behind
Oddo BHF is also working on its own stablecoin, while Deutsche Bank subsidiary DWS is planning an ambitious launch by 2025, illustrating the enthusiasm of German institutions for this digital revolution.
(Source : Cointribune)
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🇬🇧🇪🇸 And elsewhere in Europe?
In the UK, Revolut is considering getting in on the action. In Spain, BBVA bank is working with Visa on a promising pilot project.
(Source : Cointribune)
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🚀 A new era for finance
This massive adoption of stablecoins by banks shows one thing: the financial sector is in full transformation. With these initiatives, banks hope to remain competitive and meet a growing demand for stable, fast and reliable digital solutions.
(Source : Cointribune)
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💡 Conclusion: finance 2.0 is here!
Tether, by breaking records, acts as a catalyst for a global revolution. Traditional banks, aware of the potential of stablecoins, are positioning themselves not to miss this historic turning point. A page of finance is being written before our eyes, and the future looks exciting! 🌐
(Source : Cointribune)
