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Dubai News Club > Tech > The big boys want in on crypto, too
Tech

The big boys want in on crypto, too

Press Room
Last updated: 2024/10/03
Press Room
Published: October 3, 2024
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Illustration of coins passing through the pillars of the Supreme Court portico
Illustration by Alex Castro / The Verge

A little over a year after the collapse of the crypto banks Silvergate and Signature, financial institutions are very interested in crypto. PayPal has used its proprietary stablecoin to pay auditors Ernst & Young LLP, using a hub provided by SAP. Visa “is helping to bridge existing fiat currencies with blockchains” through its Visa Tokenized Asset Platform (VTAP).

A lot has happened since those bank collapses, huh? We have a…

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