Bitcoin enthusiast Pierre Rochard has forecasted that banks will increasingly require exposure to Bitcoin in order to better serve their clients and bolster their financial stability.
He firmly believes that as institutional adoption of the leading cryptocurrency accelerates, global banks will ultimately connect with the Bitcoin network.
This viewpoint aligns with Strategy co-founder Michael Saylor’s prediction that banks will soon become active players in Bitcoin-related financial products.
Coinbase Expands Strategic Partnership
Earlier this week, Coinbase joined forces with Standard Chartered to broaden their collaboration focused on building institutional-grade digital asset services worldwide.
The partnership extends beyond their previous efforts in Singapore, where they facilitated real-time SGD transfers for Coinbase users.
The goal is to create comprehensive digital asset solutions for institutions encompassing trading, custody, lending, staking, and more.
The Intersection of Crypto and Traditional Banking
PNC Bank has partnered with Coinbase to enable direct Bitcoin trading through its platform for private banking customers—a significant shift demonstrating how mainstream banks are evolving crypto access.
Meanwhile, Ripple enhanced its alliance with AMINA Bank by integrating Ripple’s payment technology into the bank’s operations.
Across Europe and the Middle East, similar partnerships are emerging. For instance, Bullish teamed up with Deutsche Bank to provide smooth fiat currency integration tailored for institutional crypto trading activities.
Additionally, regulatory approval from the U.S. Office of the Comptroller of the Currency has paved the way for crypto companies such as Circle, Ripple, Paxos, BitGo, and Fidelity to seek national trust bank charters.