TLDR Tech / Fintech
Banks can turn stablecoins from deposit threat into 24/7 revenue opportunity
Simon Taylor argues banks should treat stablecoins as an accretive infrastructure opportunity rather than a deposit-flight threat, especially for fiat on/off-ramps, correspondent banking replacement, and off-hours settlement. The key distinction is that tokenized deposits are “money that rests” inside bank walls, while stablecoins are “money that moves” across open platforms globally and 24/7. As banks like SoFi, Coastal, Standard Chartered, and Société Générale experiment with stablecoins and tokenized deposits, the likely end state is a complementary 24/7 money loop where banks monetize stablecoin flows instead of resisting them.
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