The post Why Big Banks Suddenly See Crypto as an Existential Threat — and What It Really Means appeared on BitcoinEthereumNews.com. At this year’s World EconomicThe post Why Big Banks Suddenly See Crypto as an Existential Threat — and What It Really Means appeared on BitcoinEthereumNews.com. At this year’s World Economic

Why Big Banks Suddenly See Crypto as an Existential Threat — and What It Really Means

At this year’s World Economic Forum in Davos, Coinbase CEO Brian Armstrong dropped a line that quietly rattled the global finance crowd. A senior executive at one of the world’s largest banks told him that crypto is now their top strategic priority — not as a speculative sideshow, but as an existential threat to their business.

That’s a big shift in tone. For years, banks treated crypto as a volatile curiosity, useful for headlines but irrelevant to core banking operations. Now, they’re starting to see it for what it really is: an alternative financial system being built in parallel, one that doesn’t need branches, business hours, or permission to move value across borders.

The real pressure point isn’t Bitcoin’s price. It’s what’s happening underneath. Stablecoins are starting to look like digital bank deposits that move at internet speed. Tokenization is turning real-world assets — bonds, funds, even property — into programmable financial instruments. Decentralized finance platforms are recreating lending, trading, and settlement without the traditional layers of middlemen. Piece by piece, crypto is targeting the same profit centers banks have relied on for decades: payments, custody, liquidity, and customer relationships.

From a bank’s perspective, the nightmare scenario isn’t mass adoption of meme coins — it’s a world where customers hold value in digital wallets instead of checking accounts, move money globally without SWIFT, and earn yield outside traditional savings products. That would turn banks from financial gatekeepers into background infrastructure — still necessary, but no longer dominant.

Coinbase CEO Brian Armstrong is not a fan of wearing suits, but will do so at Davos, Source: X

Armstrong framed this moment as a kind of validation. Big institutions don’t mobilize their legal teams, lobbyists, and boardrooms over trends that don’t matter. The fact that crypto is now being discussed as a competitive threat rather than a regulatory headache suggests it’s crossed a psychological threshold inside global finance.

The question isn’t whether banks will disappear. It’s whether they adapt fast enough to stay relevant in a system that’s becoming more open, more programmable, and less dependent on trusted intermediaries. The old financial world is waking up to a new reality: the future of money may not be built inside vaults and marble lobbies — but in code, networks, and open financial rails that never close.

Source: https://bravenewcoin.com/insights/why-big-banks-suddenly-see-crypto-as-an-existential-threat-and-what-it-really-means

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MYX Finance price surges again as funding rate points to a crash

MYX Finance price surges again as funding rate points to a crash

MYX Finance price went parabolic again as the recent short-squeeze resumed. However, the formation of a double-top pattern and the funding rate point to an eventual crash in the coming days. MYX Finance (MYX) came in the spotlight earlier this…
Share
Crypto.news2025/09/18 02:57
Adoption Leads Traders to Snorter Token

Adoption Leads Traders to Snorter Token

The post Adoption Leads Traders to Snorter Token appeared on BitcoinEthereumNews.com. Largest Bank in Spain Launches Crypto Service: Adoption Leads Traders to Snorter Token Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience. Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements. She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism. Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations. As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way. Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag). When she’s not deep into a crypto rabbit hole, she’s probably island-hopping (with the Galapagos and Hainan being her go-to’s). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/banco-santander-and-snorter-token-crypto-services/
Share
BitcoinEthereumNews2025/09/17 23:45
Token Terminal Taps LayerZero to Provide Institutional-Level On-Chain Data Transparency

Token Terminal Taps LayerZero to Provide Institutional-Level On-Chain Data Transparency

Token Terminal, a prominent platform for on-chain analytics and data, has partnered with LayerZero, a cross-chain interoperability network. The partnership aim
Share
Coinstats2026/02/12 17:30