According to @WatcherGuru, Coinbase CEO Brian Armstrong stated that major banks are piloting crypto with the exchange, highlighting ongoing institutional testing via Coinbase as the key update, source: @WatcherGuru. The source does not identify which banks are involved, nor the product scope or timeline, indicating only that a pilot phase has been referenced with no additional public details, source: @WatcherGuru. Coinbase is listed on Nasdaq under ticker COIN, making CEO statements about institutional pilots relevant to investors tracking company-related developments and market monitoring, source: Nasdaq listing information and @WatcherGuru.

According to Nick van Eck, the rapid arrival of stablecoin and tokenization enablers within the past year has spurred major banks and large trading firms to develop acceptance networks for stablecoins and tokenized funds. This trend points to a near-future environment where orchestration or brokerage services will operate at razor-thin margins, with trading costs approaching zero. Traders should monitor the impact of these developments on liquidity, transaction fees, and the competitive landscape for stablecoin assets, as this could drive increased trading volumes and create opportunities for new trading strategies (Source: Nick van Eck).