Banking Alliance Behind Zelle EWS Considers Development of Stable Coins
Source: Binance
Time: 2025-09-15 13:04:31
According to ChainCatcher, Early Warning Services (EWS), the banking alliance behind US transfer platform Zelle, is exploring the development of its own stablecoins. EWS is looking at the infrastructure needed to create and issue stablecoins for everyday banking consumers.
The move is still in its infancy, but could make EWS a key player in digital currency adoption by U.S. retail banking customers. EWS is backed by major financial institutions such as Bank of America, JPMorgan Chase, Wells Fargo and PNC. Last year, Zelle handled more than $1 trillion in transaction volume, showing its wide adoption and influence in the peer-to-peer payments market.