---
title: "Banks could flood into stablecoins if new bill passes: S&P Global"
url: https://diffcoin.com/banks-could-flood-into-stablecoins-if-new-bill-passes-sampp-global/
description: "The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P…"
published: 2024-04-25
updated: 2024-04-25
author: "Mila"
site: "Diffcoin"
---

# Banks could flood into stablecoins if new bill passes: S&P Global

The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.

[Source link](https://cointelegraph.com/news/banks-flood-stablecoin-market-new-payment-act-passes-senate)