Capgemini: Stablecoins Threaten Banks With $230B in Lost Payment Revenue
- —Digital currencies to account for about 4% of global payment volume by 2030
- —Up to $230 billion of bank payment revenue at risk
- —74% of corporates call cross-border payments slow and costly
- —71% would pick a bank over a fintech at equal cost and quality
Why it matters: Pressure on bank payment revenue is accelerating the shift of corporate clients toward non-bank stablecoin providers.
Source: BITTIMES