Published On: Thu, Oct 3rd, 2024

The big boys want in on crypto, too


Illustration of coins passing through the pillars of the Supreme Court portico
Illustration by Alex Castro / The Verge

A little over a year after the collapse of the crypto banks Silvergate and Signature, financial institutions are very interested in crypto. PayPal has used its proprietary stablecoin to pay auditors Ernst & Young LLP, using a hub provided by SAP. Visa “is helping to bridge existing fiat currencies with blockchains” through its Visa Tokenized Asset Platform (VTAP).

A lot has happened since those bank collapses, huh? We have a…



Source link