Around 300 American banks intend to offer clients cryptocurrencies – Bits Media

American Banker reports, that against the backdrop of the growing popularity of cryptocurrencies, small US banks are ready to offer digital assets to clients in the very near future.

Approximately 300 banks are collected already in the first or second quarter 2022 year to start trading bitcoins in your mobile applications. The partner is the cryptocurrency company NYDIG, says the American Banker material.

BankSouth CEO Harold Reynolds (Harold Reynolds), bank with capital of $1.3 billion, reported growing customer interest in digital assets:

“We are seeing significant activity in the form of cryptocurrency transactions from our clients’ accounts. Некоторые бывают довольно большими. Obviously, что это привлекает наше внимание».

По словам генерального директора Vast Bank Брэда Скривнера (Brad Scrivner), их финансовая организация стала первым банком, предлагающим своим клиентам торговлю биткоином. Банк объединился с криптобиржей Coinbase и начали поддерживать цифровые активы еще в октябре 2021 of the year. В настоящее время банк предлагает клиентам 12 cryptocurrency:

“The launch of Vast crypto banking was successful, in the first four months we increased our customer base approximately fivefold 50 states and three regions of the USA".

Synovus Financial CEO Zach Bishop (Zack Bishop) assures, that now all banks take digital assets seriously:

“Banks should start working with blockchain. The cryptocurrency market is the goal, which we strive for".

Bishop clarified, that previously small banks traditionally limited capital to purchase physical assets, such as freight transport, agricultural equipment and real estate. However, recently banks have begun to show interest in assets, blockchain-based proof of ownership.

IN 2022 year one of the world's largest auditing companies Ernst&Young recommended that commercial banks begin to prepare for, that clients will refuse their services due to the massive arrival of stablecoins and government cryptocurrencies on the market. Against the backdrop of such statements, some banks are launching cryptocurrency services, others are buying cryptocurrency companies. Recently, five American banks merged to form the USDF Consortium, which will issue and distribute the USDF stablecoin pegged to the US dollar. Last week, Tinkoff Bank acquired the Swiss cryptocurrency company Aximetria.