Fintechs And Neobanks Drive The Next Era Of Stablecoin Adoption

Opinion by: Morgan Krupetsky, vice president of Onchain Finance at Ava Labs

On the heels of the GENIUS Act’s passing, the next era of stablecoin usage is being driven by a growing cohort of fintechs and neobanks — integrating stablecoins into their product and service offerings, going where traditional systems have found it economically or operationally infeasible to do so, and, as such, growing their competitive edge. 

These challenger systems are providing a direct way for people and businesses to more readily access and store stable value in…