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

Commercial Banks and Crypto Trading Platforms Deepen Cooperation to Promote Stablecoin Adoption

The cryptocurrency trading market is preparing for a major breakthrough in the US market next year. In this regard, some major banks are establishing strategic partnerships with a compliant digital asset trading platform, according to the company’s CEO, Brian Armstrong. The main goal of these partnerships is to promote stablecoin trading, as emphasized by this crypto entrepreneur.

At the New York Times Dealbook Summit, Armstrong shared the stage with BlackRock CEO Larry Fink, highlighting that these partnerships are not limited to the stablecoin sector. In addition, they also cover areas such as custody and trading.

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

Armstrong’s statements come against the backdrop of a complex overall situation in the cryptocurrency market. Since October 10, Bitcoin and other tokens have experienced strong intermittent declines, keeping investors on alert. This has prompted large portfolio holders to question the strategic convenience of institutions approaching the crypto world.

Growing Interest in Stablecoin Trading

As Armstrong emphasized, major banks’ primary interest is to promote stablecoin trading. These assets are currently at the center of attention in the financial world, as they represent an evolution in payment methods. However, gaining access to these tokens opens the door for trading other crypto assets.

Customer demand from banks has become a powerful force, forcing some institutions to open their doors. A recent example is Vanguard. In September of this year, the company changed its previously distant stance on cryptocurrencies, but client demand forced it to take action.

Fink, who shared the stage with the compliant platform CEO, also stressed the importance of moving toward the crypto sector. His company, BlackRock, is one of the largest institutional adopters in the crypto world. “I see a very large use case for Bitcoin,” said the executive director of the world’s largest asset management company.

As shown, 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 boom of 2025.