Seven Big Banks Use Coinbase Tools as Institutional Bitcoin Interest Grows
Coinbase's institutional co-CEO, Brett Tejpaul, says a second wave of institutional money has entered Bitcoin, and seven large banks now use Coinbase infrastructure. He credits stablecoin rails for driving that adoption, though institutions still treat BTC mainly as technology. For traders, this suggests growing institutional involvement, even as big players remain cautious about Bitcoin as an asset.
Why it matters
- Seven mega banks are now tapping Coinbase infrastructure, a sign of rising institutional access.
- Stablecoin rails are cited as a key driver of institutional adoption.
- Institutions still view Bitcoin primarily as technology, not just as an investment asset.
What to watch next
Watch for further bank adoption announcements and any stablecoin rules or decisions that could affect institutional flows into Bitcoin.
