FV Bank aims to stay ahead of emerging technology trends, including stablecoins.
The Puerto Rico-based digital bank integrated stablecoins three years ago, ahead of the recent excitement around the cryptocurrency, Chief Executive Miles Paschini tells Bank Automation News on this episode of “The Buzz” podcast.
“We had the idea that stablecoins could play an important role in banking, so we integrated with USDC,” he says.
Now investment in stablecoins is skyrocketing.
In fact, according to British bank Standard Chartered, the stablecoin market is expected to reach $2 trillion by 2028, up from $250 billion last month.
