Brian Armstrong confirms that a certain compliance platform has formed alliances with multiple banks to promote stablecoin trading

Source: CritpoTendencia Original Title: Brian Armstrong assures that Coinbase has multiple alliances with banks to promote stablecoins Original Link:

Cryptocurrency Trading in the US Market Is About to Make a Major Leap

Cryptocurrency trading is set to make a substantial leap in the US market next year. In this regard, some major banks are forming alliances with a certain compliant digital asset trading platform, according to its CEO Brian Armstrong. The main goal of these collaborations is to promote stablecoin trading.

At the New York Times Dealbook Summit, Armstrong shared the stage with BlackRock CEO Larry Fink, where he emphasized that these alliances are not limited to the stablecoin space. Additionally, these partnerships also cover areas such as custody and trading.

However, the CEO of the compliant platform did not provide further details, such as the names of the partner banks. On the other hand, he simply claimed that those institutions resisting change will lag behind when facing competitors who are joining now. Most of the panel discussion focused on tokenization and digital asset trading.

Armstrong’s remarks come against the backdrop of a complex broader market situation for cryptocurrencies. Since October 10th, Bitcoin and other altcoins have experienced sharp intermittent declines, keeping investors on alert. This has raised doubts among large portfolios about the convenience of institutional strategies engaging with the crypto world.

Growing Interest in Promoting Stablecoin Trading

As Armstrong emphasized, the main interest of major banks is to drive stablecoin trading. These assets are currently the focus of the financial world because they represent an evolution in payment methods. However, gaining access to these tokens opens the door to trading other assets in the crypto world.

The demands of bank clients have become a huge force, prompting some institutions to open their doors. A recent example is Vanguard. In September of this year, the company changed its stance of keeping its distance from cryptocurrencies, but client demand forced it to take action.

Fink, on stage with the CEO of the compliant platform, emphasized the importance of moving into the crypto sector. His company, BlackRock, is one of the largest institutional adopters in the crypto world. “I see a very big use case for Bitcoin,” said the executive director of the world’s largest investment management company.

As can be seen, the push by major financial players to integrate stablecoins could further extend to other cryptocurrencies. Next year, 2026, will be crucial in this evolution, as it will measure the true widespread interest in these assets after the excitement of 2025.