Banks Flip on Crypto, Eye Stablecoin Payments Amid Looming Legislation

Fifth Third, Dart Bank, and core banking tech giants FIS and Fiserv are moving quickly to integrate stablecoin payments as Congress prepares to pass new legislation regulating the crypto tokens. Backed by the Trump administration, the bill could clear the way for banks to enable cross-border payments, merchant settlements, and consumer purchases using stablecoins as early as this summer. After years of skepticism, banks now see stablecoins as a competitive necessity amid growing adoption by fintechs like Stripe and rising demand from business clients.