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As the crypto industry continues its rapid evolution, two major players—Finzly and Ripple—are taking significant steps toward mainstream adoption of stablecoins and tokenized deposits.

Finzly to Support Stablecoins and Tokenized Deposits

Finzly, a prominent fintech company serving financial institutions, announced it is preparing to support stablecoins and programmable money. The company aims to equip banks and credit unions with the tools needed to remain competitive as digital currencies become more deeply integrated into global commerce.

In a recent survey of 723 payment leaders, Finzly found that:

48% are actively exploring programmable money use cases.
44% fear falling behind competitors if they don’t adopt stablecoin and tokenized deposit support within the next 18 months.

“Every customer and prospect we’ve talked to is exploring stablecoins in some fashion,” said Dean Norris, Finzly’s Head of Payment Strategy. “We see support for programmable money—whether stablecoins, tokenized deposits, or CBDCs—becoming a core part of financial and fintech offerings in the near future.”

One of the most promising use cases for stablecoins is cross-border payments. According to Finzly, leveraging stablecoins can reduce remittance costs by an average of 4.5%, a critical improvement for emerging markets. The U.S. Treasury also reports that stablecoins were used in 50% of cross-border digital transactions in 2024.

Stablecoins Gaining Global Momentum

In 2024, $5.7 trillion worth of stablecoin transactions were processed globally.
Stablecoins currently account for over $250 billion in circulation—more than double their value just 18 months ago.
That number is projected to reach $400 billion by the end of 2025 and surge to $2 trillion by 2028, according to McKinsey & Co.
Average daily stablecoin transaction volume reached $7 billion in 2024, up 8% year over year.
More than 70 countries now accept stablecoins as a valid form of payment.

Ripple Acquires Rail in $200M Stablecoin Play

In related developments, Ripple Labs Inc. has acquired Rail, a stablecoin platform provider, for $200 million. The acquisition is expected to accelerate Ripple's position in the global stablecoin race.

Ripple also applied for a national bank charter from the Office of the Comptroller of the Currency (OCC) to support its newly launched stablecoin, RLUSD, which debuted in December.

“Stablecoins are quickly becoming a cornerstone of modern finance,” said Ripple President Monica Long. “With Rail, we are uniquely positioned to drive the next phase of innovation in global blockchain payments.”

Why It Matters for Metrofino Users

As the demand for faster, cheaper, and more secure digital currency options grows, Metrofino BTM is committed to staying at the forefront of this innovation. Stablecoins like USDT, USDC, and others may soon play a central role in how crypto is bought, held, and used—especially through platforms like ours that prioritize accessibility, speed, and transparency.

We’ll continue to monitor these trends and keep our community informed about how they impact your experience at Metrofino ATMs across Michigan.

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