To quickly answer the question posed in the report title, the answer is that crypto is not challenging ‘Big Banks’ anytime soon.

Then why the research?

We’d like to highlight the perspective of growth. When looking at numbers in absolute form, the $130bn in stablecoins might not seem like very much. But the reality is that 99% of US banks have a smaller deposit portfolio.

We go through the numbers in this In-Depth by Copper.

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