From Yahoo Finance: 2025-06-07 12:20:00

Deutsche Bank is exploring stablecoins and tokenized deposits as part of its digital assets strategy, considering issuing its own stablecoin or joining an industry initiative to improve payment efficiency.

Major U.S. banks are contemplating launching a joint stablecoin to stay competitive in the cryptocurrency space, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.

European Union regulatory clarity and pending U.S. stablecoin legislation are driving adoption. Deutsche Bank believes stablecoins are on the brink of mainstream adoption as crypto regulations progress under the Trump administration.

Deutsche Bank has invested in cross-border payments firm Partior and joined Project Agorá, a central bank-backed initiative for wholesale tokenized payments in Germany.

Read more: Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says