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Bank of New York Mellon: Prefer to develop stablecoin infrastructure rather than issue its own tokens

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2025-10-17 00:57:44
Bank of New York Mellon has brought forward a number of blockchain-related investments to 2025, including those supporting real-world asset settlement and tokenised payments, executives said at a recent earnings discussion on Thursday. Executives attributed the acceleration to more "positive" regulatory environments and improved market conditions.
When asked whether Bank of New York Mellon plans to issue its own stablecoin, CEO Robin Vince did not provide a clear answer, but said the bank's strategy is focused on supporting the broader ecosystem rather than launching private-label tokens.
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