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🌱 U.S. Bank Mints Its Own Stablecoin. Block Chases a Trust Charter. Fifth Third Closes the Comerica Chapter.
Published 1Â month, 1Â week ago
Description
U.S. Bank quietly ran its own stablecoin on a public blockchain, Block filed to build its own trust bank, and Fifth Third finally finished absorbing Comerica after months of prep. We break down why three very different banks all made moves toward owning more of their own infrastructure — and what it means for the next wave of fintech M&A.