Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out

CoinDesk·

Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out

60-second summary

Tassat is developing a marketplace to connect stablecoin issuers with smaller regional banks, aiming to launch early next year. This platform would enable regional lenders to tap into the trillion-dollar stablecoin market, potentially preventing Wall Street's dominance. The marketplace will help manage stablecoin reserves, expanding access to this lucrative market for smaller banks.

The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves.