{"id":17689,"date":"2025-03-18T23:14:02","date_gmt":"2025-03-18T23:14:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17689"},"modified":"2025-03-18T23:14:02","modified_gmt":"2025-03-18T23:14:02","slug":"banks-vs-blockchain-will-2025-transform-the-payments-sector","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17689","title":{"rendered":"Banks vs. Blockchain: Will 2025 Transform the Payments Sector?"},"content":{"rendered":"<div>\n<p>Every year, new statements about blockchain technology\u2019s rapid development in the banking sector appear. Since the industry is dynamically evolving, this implementation pace increases. However, banking isn\u2019t a one-size-fits-all industry.\u00a0<\/p>\n<p>Obviously, technological adoption rates, legal systems, and regulations vary for different markets. Some regions implement new technologies such as blockchain more intensively, while others take a more measured approach. The clearest point is that financial institutions find blockchain a potential solution for a variety of challenges.<\/p>\n<p>The global market for Fintech Blockchain was valued at <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/02\/06\/3022314\/28124\/en\/FinTech-Blockchain-Global-Industry-Report-2025-Decentralized-Finance-DeFi-to-Bridge-the-Huge-SME-Financing-Gap-to-Boost-Blockchain-Adoption.html\">$3.4 Billion<\/a> in 2024 and is expected to reach $49.2 Billion by 2030, highlighting a growing demand for financial institutions in the implementation of this technology.<\/p>\n<p>Already, two of the world\u2019s largest financial institutions, <a href=\"https:\/\/www.benzinga.com\/news\/events\/24\/12\/42366131\/major-banks-advance-blockchain-use-with-digital-cash-stablecoins\">Citi and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale<\/a>, have undertaken several steps to reshape conventional banking processes. The former has launched a tokenized inter-branch deposit system called Citi Digital Cash to streamline transactions within the bank&#8217;s network, while the latter has issued a euro-denominated stablecoin on Ethereum to make digital payments faster and more secure. Moreover, last month, the Governing Council of the ECB <a href=\"https:\/\/www.ecb.europa.eu\/press\/pr\/date\/2025\/html\/ecb.pr250220_1~ce3286f97b.en.html\">decided<\/a> to expand its initiative &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44378097\/banks-vs-blockchain-will-2025-transform-the-payments-sector\" alt=\"Banks\" vs. blockchain: will transform the payments sector>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Every year, new statements about blockchain technology\u2019s rapid development in the banking sector appear. Since the industry is dynamically evolving, this implementation pace increases. However, banking isn\u2019t a one-size-fits-all industry.\u00a0 Obviously, technological adoption rates, legal systems, and regulations vary for different markets. Some regions implement new technologies such as blockchain more intensively, while others take [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17689","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17689"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17689\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}