Silicon Valley Bank says cryptocurrencies are accelerating integration with traditional finance
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Anthony Vassallo from Silicon Valley Bank stated that institutional adoption of cryptocurrencies is accelerating, driving larger-scale venture capital, more bank-led custody and lending, as well as deeper mergers and acquisitions integration. Stablecoins, due to clearer regulation and the demand for corporate payment settlements, are becoming the "dollar of the internet." In addition, tokenized real-world assets and AI-driven crypto applications are shifting blockchain from speculation to core infrastructure.
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