U.S. Banks are intentionally competing with one another with Bitcoin ($BTC) products, and racing into the digital assets. The hidden purpose behind this huge shift is to regulate the Bitcoin ($BTC) usage in the markets through banking sectors. It is clear and cut to everybody that the future of finance is Bitcoin ($BTC).
This significant shift has been observed among the top financial giants like JPMorgan Chase, Charles Schwab, American Express, a few others. CryptosRUs, a renowned crypto analytics and social media platfrom, has revealed this news through its official X account.
Major U.S. Banks Embrace Crypto as Bitcoin Becomes Central to Finance
Recently, a huge shift toward crypto digital assets indicates users’ expectations and coming future of digital currencies. Present observation clarifies the top fourteen U.S. Banks out of twenty-five banks that are involved in building Bitcoin products. Moreover, this remarkable change suggests to us that the future of digital assets, especially Bitcoin ($BTC) and the future is totally based on cryptocurrencies.
In the top fourteen banks, JPMorgan Chase is leading, with other banks such as Charles Schwab is left a runner-up position in this race. Furthermore, American Express and USAA are in third and fourth position, respectively. Today, the world is totally depending on crypto assets, especially Bitcoin ($BTC). There are many examples of banks that are shifting from traditional Finance (TradFi) to digital crypto assets; one of them is the Bank of Japan.
The Rise of Bitcoin in a Boundary-Free Financial World
In fact, every country is trying to make the trading facilities easy, productive, and with the desired results, for users’ growth. In short, the inclination of U.S. Banks like JPMorgan Chase toward the acceptance of crypto assets tells holders about the interesting and beneficial advantages of holding and trading in crypto assets.
Bitcoin has also become a “digital gold” that can be used at any place and at any time, irrespective of any boundaries. Moreover, Bitcoin can also be used as a portable source of energy that can be utilized in times of need. In a nutshell, this growing world leads to unlocking new ways of trading through cryptocurrencies or crypto assets.
Source: https://blockchainreporter.net/u-s-banks-accelerate-bitcoin-and-blockchain-adoption-shift/
