Are stablecoins the next Venmo? Big banks prep for the next big payments competition. - MarketWatch
1. Banks may collaborate on stablecoins like they did with Zelle. 2. The Genius Act aims to regulate stablecoins, enhancing competition. 3. Stablecoins could impact bank profits over time, analysts warn. 4. GS and peers are considering stablecoin innovations amidst competition. 5. Transition to stablecoins may be smooth for consumers.