Stablecoins Won't Scale Without Banks

60-second summary
Stablecoins cannot scale without banks because institutional investors demand regulated, trustworthy infrastructure; the article notes that as more firms explore stablecoin use, the lack of bank‑backed custodial and settlement services creates a critical bottleneck, limiting liquidity and compliance. Consequently, without banking partnerships, stablecoin adoption stalls, constraining market growth and broader crypto integration.
With a growing number of institutions exploring stablecoins, the bottleneck is regulated infrastructure they can trust.