Things we're reading today include ...
Bank of England admits inflation bungle
European life insurers' systemic risk 'non-trivial'
European banks take a fresh crack at Wall Street
Fintech Adviser Titan Hit With Second SEC Penalty Over "Misleading" 2,700% Crypto Return Claims
Lloyds to train all 67,000 staff in AI as banks go digital
Fintechs should avoid ‘trap’ of early IPO, warns top London VC investor
Gen Z Prioritises Free Coffees Over Interest Rates, Research Finds
In other news, I found some interesting stats around crypto and stablecoins:
Crypto Dominance : Approximately 90% of stablecoin transaction value in 2025, totalling $41 trillion, was attributed to crypto-asset trading. Consumer Transactions: Stablecoin consumer transactions reached $3 trillion in 2025, accounting for 7% of the total stablecoin transacted value.
RWA Tokenization: Trading of Real-World Asset (RWA) tokens accounted for $88 billion in stablecoin transfer volume in 2025.
Non-Crypto Growth: Excluding crypto-trading, non-crypto transacted value averaged $167 billion per month in 2025, totalling $2 trillion for the year.
Correlation Weakening: The correlation between stablecoin transacted value and crypto-asset traded value is weakening, suggesting increased non-crypto stablecoin use.
Transaction Volume Surge: Consumer stablecoin transactions totaled 3 billion in 2025, with the average transaction value at $1,125.
Wholesale Usage: Approximately $1.5 trillion in stablecoin usage was estimated for wholesale activities like treasury management and interbank settlement in 2025.
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...