Is Your Bank Ready for Stablecoins and AI Agents?

A Coinbase-commissioned study by The Block Research found that 7 of the 10 largest U.S. banks have tested stablecoins or tokenized deposits for settlement, and the other 3 have signaled plans to follow. The same study found that 73% of screened stablecoin transfer volume over a 12-month period took place outside U.S. banking hours. For a bank or credit union, those numbers raise a direct question about what stablecoin payments mean for deposits and interchange revenue, and how long an institution can wait.

Recorded at Money 20/20 in Las Vegas, this conversation is with Pavel Kashuba, Strategic Leader at CoinsPaid Solutions, which runs the back office of stablecoin payments. Pavel explains that cross-border settlement, replacing correspondent banking, is the biggest use among financial institutions today, and why he believes they can do much more. He also describes how differing regulatory definitions across countries slow adoption, and why legacy operations hold progress back, which is why CoinsPaid invests in educating the people who work with the technology every day.

Pavel expects AI agents to partner with particular blockchains and to choose which blockchain and token a payment runs on. He says the biggest institutions already have strategic plans, with some hiring people and building software while others sit and wait, and he sees waiting as a strategy too. Jim compares the moment to instant payments, when a group of the largest banks in the country had nobody ready on day one, and asks what every bank or credit union should do today.

About Pavel Kashuba: Strategic Leader at CoinsPaid Solutions, which runs the back office of stablecoin payments.

Hosted by Jim Marous. Subscribe to Banking Transformed for new episodes multiple times each week.