Pryor Cashman Partner Jeffrey Alberts, Co-chair of the
firm's Financial Institutions and FinTech Practices, was
interviewed in FinTech Law Report on the growing
influence of stablecoins and their impact on mergers and
acquisitions activity across the financial services sector.
Jeffrey noted that clearer legislative frameworks are not simply
integrating crypto into banking, but enabling stablecoin issuers to
compete more directly with traditional financial institutions:
“In the medium term, stable-coins are likely to shift
value in financial services away from the traditional
deposit-and-payment rails and toward whoever controls the customer
interface, wallets, on/off-ramps, and compliant liquidity
management at scale.”
